Accounting Research Tool
Chapter 1 — Overview

1.8 Comparison With IFRS Accounting Standards

1.8 Comparison With IFRS® Accounting Standards

ASC 718 is the primary source of guidance in U.S. GAAP on the accounting for employee and nonemployee share-based payment awards. IFRS 2 is the primary source of guidance on such awards under IFRS Accounting Standards. Although much of the U.S. GAAP guidance is converged with that in IFRS 2, there are some notable differences. See Appendix A for a discussion of those differences.