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: It applies to all share-based payment transactions with both employees and nonemployees . 718 dsivlgcplzip
: The core requirement is to recognize the cost of services received in exchange for share-based awards based on the fair value of those awards at the grant date. AI responses may include mistakes
For detailed technical guidance, you can refer to the official FASB Accounting Standards Codification (ASC) 718. such as ASU 2021-07
: Recent updates, such as ASU 2021-07 , provide "practical expedients" allowing private companies to use simplified methods to determine the current price of their underlying shares, rather than more complex public-market valuations.