FASB - Share-based compensation and “pushdown accounting” 

March 18:  The FASB’s Emerging Issues Task Force (EITF) at its March 13 meeting reached a final consensus on share-based compensation and a consensus-for-exposure on “pushdown accounting.”

The final consensus and consensus-for-exposure must be ratified before they are issued or become authoritative, and will be considered by the FASB at its March 26 meeting.


Read a March 2014 report [PDF 210 KB] prepared by KPMG LLP: Defining Issues: EITF Reaches One Final Consensus and One Consensus-for-Exposure


The KPMG report also discusses the following topics:


  • Measuring the financial assets and financial liabilities of a consolidated collateralized financing entity
  • Determining whether the host contract in a hybrid financial instrument issued in the form of a share is more akin to debt or to equity



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