Course Description

FASB No. 123R: Share-Based Payment

Accounting & Auditing

(6 credits) $89.95

Important:  Until further notice, this course does not qualify for NASBA/QAS credit.  Please contact your state board to determine if this course will qualify for CPE in your state.

This course addresses the accounting for stock options and other share-based payment arrangements authorized in newly issued FASB No. 123R, Share-Based Payment.

Topics include reviewing the background leading to the FASB issuing FASB No. 123R; comparing the old intrinsic value with a fair value method; acceptable option pricing models; special valuation exceptions; rules for employee stock purchase plans (ESSPs); recognition of compensation cost; tax treatment for stock options; effective dates and transition rules; the impact of expensing stock options, and more.

Major Subjects:

	Requirements of the Statement
	Scope of FASB No. 123R
	Rules of FASB No. 123R
	General rules
	Measurement rules
	Determining fair value
	Valuation techniques
	Option pricing valuation models
	Special valuation exceptions
	Awards classified as liabilities
	Rules for employee stock purchase plans ( ESPPs)
	Recognition of compensation cost for an award accounted for as an equity instrument
	Accounting for tax effects of share-based compensation awards
	Disclosures required under the Statement
	Earnings per share issues
	Statement of cash flows changes
	Effective dates and transition
	The Impact of Expensing Stock Options
	Exhibit A - Option Pricing Models