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.