In general, the accounting for stock option plans and other share-based payment plans must reflect the rights provided to the recipient of the shares. Would there be any difference between (1) a contract that conveyed shares to an employee in return for a note receivable with recourse to the shares, and (2) a grant of equity shares to the employee? What authoritative codification addresses this issue?
In general, the accounting for stock option plans and other share-based payment plans must reflect the rights provided to the recipient of the shares. Would there be any difference between (1) a contract that conveyed shares to an employee in return for a note receivable with recourse to the shares, and (2) a grant of equity shares to the employee? What authoritative codification addresses this issue?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:In general, the accounting for stock option
plans and other share-based payment plans
must reflect the rights provided to the
recipient of the shares. Would there be any
difference between (1) a contract that
conveyed shares to an employee in return for
a note receivable with recourse to the shares,
and (2) a grant of equity shares to the
employee? What authoritative codification
addresses this issue?
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