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Financial reporting briefs, June 2025 - EY The guidance requires public business entities to disclose in a tabular format, on an annual and interim basis, purchases of inventory, employee compensation, depreciation, intangible asset amortization and depletion for each income statement line item that contains those expenses
Technical Line: A closer look at an entity s accounting for sales . . . - EY ASC 718 provides limited guidance on an entity’s accounting for sales of its shares in secondary market transactions Careful consideration of the facts and circumstances of each transaction is necessary to reach the appropriate accounting conclusion
To the Point - AICPA issues draft updates to its accounting and . . . - EY The AICPA’s Financial Reporting Executive Committee has released for comment drafts of two updated chapters from its Accounting and Valuation Guide, Valuation of Privately-Held-Company Equity Securities Issued as Compensation
Proposed Accounting Standards Update, Compensation — Stock . . . - EY We support the Board’s intent to clarify how an entity would apply the scope guidance to determine whether profits interests and similar awards should be accounted for in accordance with Accounting Standards Codification (ASC) 718 or another accounting standard
A comprehensive guide :usiness combinations - EY We have updated this Financial reporting developments (FRD) publication to reflect the issuance of Accounting Standards Update (ASU) 2023-05, Business Combinations –Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement, which requires certain joint ventures to apply a new basis of accounting upon formation by
Proposed Accounting Standards Update, Compensation — Stock . . . - EY Proposed Accounting Standards Update, Compensation — Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Clarifications to Share-Based Consideration Payable to a Customer (File Reference No 2024-ED300)
To the Point - FASB clarifies when profits interest awards are in . . . - EY Our publication summarizes the FASB’s final Accounting Standards Update that adds an example illustrating how an entity applies the scope guidance in Accounting Standards Codification 718, Compensation - Stock Compensation, to assist in determining whether a profits interest or similar award should be accounted for as a share based payment
Financial Reporting Developments: Issuer’s accounting for debt . . . - EY This edition of our Financial reporting developments (FRD) publication on an issuer’s accounting for debt and equity financings reflects the amendments issued in Accounting Standards Update (ASU) 2020-061 by the Financial Accounting Standards Board (FASB or Board)