Financial Reporting


According to a tentative FASB decision in April, goods and services received in exchange for all forms of stock-based compensation result in a cost companies should recognize as an expense if they consume such goods and services ( www.fasb.org/opening_statement.pdf ; www.fasb.org/full_text.pdf ). The board’s determination comes as it begins a project to improve accounting for such transactions, whose value it says is properly measured on the basis of their fair value. FASB will deliberate this topic at upcoming public meetings and plans to issue, by the end of the year, an exposure draft that could become final in 2004.

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

TECHNOLOGY Q&A

How to create maps in Excel 2016

Microsoft Excel 2016 has two new mapping capabilities. J. Carlton Collins, CPA, demonstrates how to make masterful 2D and 3D maps in Excel 2016.

QUIZ

News quiz: Economy and health care changes top CPAs’ list

CPA decision-makers’ economic outlook and the House Republicans’ proposed tax changes as part of replacing the Patient Protection and Affordable Care Act received attention recently. See how much you know with this short quiz.