To the Point - FASB clarifies when profits interest awards are in the scope of ASC 718


Our publication summarizes the FASB’s final Accounting Standards Update that adds an example illustrating how an entity applies the scope guidance in Accounting Standards Codification 718, Compensation - Stock Compensation, to assist in determining whether a profits interest or similar award should be accounted for as a share based payment arrangement under that guidance or should be accounted for under another accounting standard.

Download PDF