FASB Clarifies Accounting for Modifications of Equity Awards
Public Companies and Securities The Financial Accounting Standards Board has issued an Accounting Standards Update (ASU 2017-09; Topic 718) to clarify the accounting for modifications to outstanding share-based payment awards such as stock options and restricted stock. Currently there is diversity in practice for accounting for modifications to equity awards. For instance, some entities apply modification accounting for modifications... Read more →
SEC Commissioner Wonders if SAFEs are Safe for Crowdfunding
Public Companies and Securities In remarks at the Annual SEC/NASAA Conference, SEC Commissioner Michael S. Piwowar focused on the suitability and adequacy of disclosure of a security known as a... Read more →
SEC Accountant Speaks to Revenue Recognition
Public Companies and Securities Sylvia E. Alicea, Professional Accounting Fellow, Office of the Chief Accountant, gave her views on implementation of the new revenue recognition standard at a conference... Read more →
SEC ALJ Lifts Reg A+ Suspension of Issuer
Litigation, Public Companies and Securities As we noted here, the SEC temporarily suspended the Tier 2 Regulation A+ offering of Med-X, Inc. The SEC stated it temporarily suspended the offering because Med-X has not filed... Read more →