1.5 CPE FASB ASC 718, Compensation – Stock Compensation, contains guidance on share-based payment transactions for both employees and non-employees.
This course provides a high-level overview of the concepts underlying the proper accounting for these transactions after recent changes to the accounting standards, including the initial and subsequent measurement of these equity transactions. Forfeitures, accounting for liability-classified awards, and other special considerations will also be addressed.
Learning Objectives
- Explore the principles of accounting for stock-based compensation for both employees and non-employees post recent accounting standard changes, including how to handle forfeitures and plan modifications.
- Discover classification of the awards as liability vs. equity, and how resulting impact on accounting (especially for nonpublic entities).
- Recognize general concepts related to initial and subsequent recognition and measurement rules, including practical expedients available to nonpublic entities.
Last updated/reviewed: March 10, 2024
44 Reviews (192 ratings)
Reviews
Anonymous
(Associate Director)
The course is a great foundation and overview of stock-based compensation. The instructor does provide some in-depth examples of things to watch out for and items that are unique for ASC 718. A further investigation of the actual stock award agreement is necessary to ensure proper accounting under ASC 718.
John Croyle
(CEO at W9manager)
I hate to say it, but this course was terrible. It was like ASC 718 was just copied and read off. It was very hard to understand and no time was taken to really explain concepts. Not a helpful course at all and I am a 20+ year CPA and SaaS controller. Needs to be completely reworked.
Anonymous
(Director of Finance)
I'll echo what other reviews have stated, if you came to the lesson with no experience in Stock Based Compensation and wanted to learn, you won't get much from this lecture. Lots of terms and concepts are introduced but never fully defined, no helpful examples.
Anonymous
(Corporate Controller)
Good high level course. The course provided basic understanding of equity vs. liability classified awards, forfeiture methods and options for nonpublic company. I'd like to see more examples of compensation expenses recognized
Maya Walker
(Global Controller at Fourth Enterprises)
I really liked that there were so many review and exam questions to help learn the concepts, however, during the presentation, I would have loved to have heard more real-life examples of how these arrangements occur.
John Vardavas
( at Vardavas, CPA)
There was a lot of important material in this presentation, but it should have had examples and examples that changed. Plus the presenter pretty much read off the slides. It needed to be longer, with examples.
Anonymous
(Assistant Controller)
I was hoping to gain some knowledge of stock-based compensation, but I didn't learn much at all. The instructor was basically reading the slides without explanation the technical terms and no example.
Danielle Rodgers
(Manager of Technical Accounting at Public Company)
There were really not many examples; the visual component did not help because it was just text in a slideshow format. Good intro topics but wasn't engaged and content was not detailed enough.
Joshua Bourquard
(Accounting Manager Financial Reporting a.. at TPx Communications)
Good questions but not enough real life based examples. No journal entries either that would have made it clearer. Would have liked more examples on the accounting side. Good class in the end.
Anonymous
(Sr. Accountant)
Course covered in-depth the various aspects of accounting for stock-based compensation. Instructor and provided materials were very detailed making for easy comprehension.
Anonymous
(Controller)
Overall this course was helpful in understanding the different stock compensation accounting policies. It provided helpful context for forfeitures and liability awards.
Anonymous
(Director of Financial Reporting and Cons..)
As others have pointed out, this course would have benefited from being a bit longer or having a Part 2 that goes through a few practical examples.
Anonymous
(Senior Accountant)
Course was straight forward and explained the topics well. The website illumeo is a little slow when it comes to taking exams and quizzes.
Anonymous
(Manager, Technical Accounting)
The course was a helpful introduction to stock-based compensation and reinforced some of the principles I've encountered on-the-job.
Anonymous
(Senior Accountant)
I would have liked to see more examples for this presentation, it felt like this was largely just a read directly from the slides.
Anonymous
(CFO)
It would be helpful to provide more examples as each topic is covered. It would provide more context and increase understanding.
Michael Johansen
(Senior Accountant at Woodard & Curran)
The content was easy to understand. However, I would suggest talking about specific examples of how the accounting rules apply.
Anonymous
(Sr Financial Reporting Analyst)
Very in-depth overview of stock based compensation. This topic is very complex but Jennifer teaches it in a simplified manner.
Anonymous
(Controller)
It was very hard to learn. It was like reading the ASC 718. I was hoping to get some examples or some other way of teaching.
Anonymous
(Revenue Accountant)
Quick, to the point. Appreciated the overall tone of the teacher and was able to tie to my company's stock compensation.
Anonymous
(Controller)
I would have liked more details on some of the valuation Model options but it was a well designed and delivered course.
Anonymous
(Senior Accountant)
The course was interesting however the slides tended to be very word heavy and the pace of the speaker was quite fast.
Anonymous
(CPA, CFE)
No further explanation, no practical examples. The instructor was basically reading the text on the whole material.
Anonymous
(Manager of Corporate Accounting)
I was hoping to see examples and practical situations with these awards. This was all text and theoretical-focused.
Anonymous
(Equity accounting)
informative and detailed. this is very relevant to my job and a good reminder on the technical side of things.
Anonymous
(Controller)
This course was very well organized and very informative. The course materials will be very a great resource.
Anonymous
(Executive Director, Corporate Controller)
This is a good high level overview of stock based compensation accounting and its assumptions under ASC 718.
Lucy Sayles
( at Noonday Collection)
This course is a great overview. I would have love a few examples to really understand the material more.
Anonymous
(Accounting Manager)
The people who get the most from this course are those who audit companies with stock based compensation
Anonymous
(controller)
Lots of information packed into this presentation. Presenter did a good job of breaking down the info.
Anonymous
(Accounts Payable Manager)
Good Course. I would highly recommend you watch this course if it is a topic that interests you.
Anonymous
(Principal)
good overview of stock-based compensation; information was relatively clear and concise
Inna Shmukler
(Controller at Fornetix LLC)
A great introductory or a refresher course. Covered all mail aspects of the guidance.
Sherry Johnson
(Accounting Manager at Summit Midstream Partners)
Theoretical and clear slides. Could have used some examples to aid in understanding.
Anonymous
(Controller)
The information given was good. I had a little trouble keeping up with the speaker.
Anonymous
(Accountant)
Great course. Found it to be highly beneficial to the role that i am currently in.
Anonymous
(Senior Accountant)
I liked that this course covered a large range of items related to stock comp.
Anonymous
()
interesting concept, a good overview about the stock compensation accounting
Anonymous
(Controller)
Informative course, difficult final exam based on the information presented
Anonymous
(Manager, SEC Reporting)
Good course for stock-based compensation. It was informative on the topic.
Anonymous
(Technical Accounting Manager)
This was a great course regarding stock based compensation!
Anonymous
(Principal)
Some accounting examples would have been nice to have.
Anonymous
()
Good overview of the concepts, exam makes you think
Anonymous
(Chief Accounting Officer)
very helpful overview of stock based compensation.
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Jennifer LouisCPA, President of Emergent Solutions Group LLC
About Illumeo
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