United States

KPMG Comments on FASB Proposal to Improve Employee Share-Based Payment Accounting

Aug 17, 2015
From the Financial Reporting View

KPMG LLP recently commented on the proposed FASB ASU, Improvements to Employee Share-Based Payment Accounting, which is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification in the statement of cash flows. KPMG supports simplifying the accounting for share-based payments and generally agrees with the specific proposals. The firm provided suggestions to enhance the forthcoming ASU, and suggested that the Board develop a broader strategy to address complexity in financial reporting.

Read KPMG Comment Letter

Read Proposed FASB ASU