FASB to Propose Mixed Bag of Transition Requirements for Share-Based Payment Rules

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Feb. 4 — The Financial Accounting Standards Board voted to issue a proposed accounting standard update to improve the accounting for employee share-based payment awards for both public and private companies.

The proposal will be issued early in the second quarter with a 60-day comment period, according to FASB discussions Feb. 4.

By 4-3 majority, FASB decided to hold off on determining an effective date until receiving comments on the proposal.

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