Accounting for Profit Interest Awards: Ensure Your Good Deed Goes Unpunished

Join our team of GAAP gurus for a look at profit interest awards, why they’re gaining steam in this crazy labor market, and what the accounting standards say about them.

Show Notes

In this episode of Accounting Matters, Embarkers Adam Olsen, Zac Smith, and Nicole Harger discuss accounting for profit interest awards, what GAAP has to say about them, and why they’re gaining in popularity these days. Done right and profit interest awards can be a win-win. Done wrong and they’re an accounting standards migraine waiting to happen…so listen closely!

For more information on accounting for profit interest awards and compensation:

Best Practices for Choosing & Maintaining a Stock Comp Plan

ASC 710 Compensation–General

ASC 718 Compensation–Stock Compensation

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What is Accounting Matters?

Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark.

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