Stock Based Compensation

by | Aug 19, 2019 | Expenses

FASB ASC 718 – Stock Based Compensation The Financial Accounting Standards Board (FASB) released Accounting Standards Codification 718 (ASC 718) to address the compensation of employees with equity stock in the company. Several companies have programs which give...

Other Expenses

by | Aug 19, 2019 | Expenses

FASB ASC 720 – Other Expenses The Financial Accounting Standards Board (FASB) released the 700 section of the Accounting Standards Codification for the purpose of discussing the broad topic of Expenses. Accounting Standards Codification 720 (ASC 720) was...

Discusses Uncertainty In Income Tax Deductions

by | Aug 19, 2019 | Expenses

FASB ASC 740 Income Taxes The Financial Standards Accounting Board (FASB) released Accounting Standards Codification 740 (ASC 740) to address uncertainty in income taxes. Many companies had taken aggressive positions that the IRS could challenge and needed to disclose...

Exit Or Disposal Costs

by | Aug 19, 2019 | Liabilities

FASB ASC 420 – Exit or Disposal Cost Obligations The Financial Accounting Standards Board (FASB) released the 400 section of the Accounting Standards Codification for the purpose of discussing the broad topic of Liabilities. Accounting Standards Codification 420...