Accounting for Profit Interest Awards 2: Navigating the GAAP Highway

In our second episode on profit interest awards, the Embark team discusses the differences between ASC 710 and 718 and, most importantly, when to apply them.

Show Notes

Join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this second episode of the Accounting Matters podcast on accounting for profit interest awards. This go around, we take a look at the differences between the relevant guidance – ASC 710 and 718 – where and when each might apply, as well as a few best practices for good measure.

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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