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
41 Reviews (179 ratings)

Reviews

5
Anonymous Author
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.

1
Member's Profile
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.

2
Anonymous Author
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.

5
Anonymous Author
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

4
Member's Profile
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.

3
Member's Profile
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.

1
Anonymous Author
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.

4
Member's Profile
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.

5
Anonymous Author
Course covered in-depth the various aspects of accounting for stock-based compensation. Instructor and provided materials were very detailed making for easy comprehension.

4
Anonymous Author
Overall this course was helpful in understanding the different stock compensation accounting policies. It provided helpful context for forfeitures and liability awards.

3
Anonymous Author
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.

5
Anonymous Author
Course was straight forward and explained the topics well. The website illumeo is a little slow when it comes to taking exams and quizzes.

4
Anonymous Author
The course was a helpful introduction to stock-based compensation and reinforced some of the principles I've encountered on-the-job.

4
Anonymous Author
I would have liked to see more examples for this presentation, it felt like this was largely just a read directly from the slides.

4
Anonymous Author
It would be helpful to provide more examples as each topic is covered. It would provide more context and increase understanding.

4
Member's Profile
The content was easy to understand. However, I would suggest talking about specific examples of how the accounting rules apply.

5
Anonymous Author
Very in-depth overview of stock based compensation. This topic is very complex but Jennifer teaches it in a simplified manner.

1
Anonymous Author
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.

4
Anonymous Author
I would have liked more details on some of the valuation Model options but it was a well designed and delivered course.

3
Anonymous Author
The course was interesting however the slides tended to be very word heavy and the pace of the speaker was quite fast.

3
Anonymous Author
No further explanation, no practical examples. The instructor was basically reading the text on the whole material.

2
Anonymous Author
I was hoping to see examples and practical situations with these awards. This was all text and theoretical-focused.

5
Anonymous Author
informative and detailed. this is very relevant to my job and a good reminder on the technical side of things.

5
Anonymous Author
This course was very well organized and very informative. The course materials will be very a great resource.

4
Anonymous Author
This is a good high level overview of stock based compensation accounting and its assumptions under ASC 718.

5
Member's Profile
This course is a great overview. I would have love a few examples to really understand the material more.

5
Anonymous Author
The people who get the most from this course are those who audit companies with stock based compensation

4
Anonymous Author
Lots of information packed into this presentation. Presenter did a good job of breaking down the info.

3
Anonymous Author
Good Course. I would highly recommend you watch this course if it is a topic that interests you.

4
Anonymous Author
good overview of stock-based compensation; information was relatively clear and concise

5
Member's Profile
A great introductory or a refresher course. Covered all mail aspects of the guidance.

5
Member's Profile
Theoretical and clear slides. Could have used some examples to aid in understanding.

3
Anonymous Author
The information given was good. I had a little trouble keeping up with the speaker.

5
Anonymous Author
Great course. Found it to be highly beneficial to the role that i am currently in.

5
Anonymous Author
I liked that this course covered a large range of items related to stock comp.

4
Anonymous Author
interesting concept, a good overview about the stock compensation accounting

3
Anonymous Author
Informative course, difficult final exam based on the information presented

4
Anonymous Author
Good course for stock-based compensation. It was informative on the topic.

3
Anonymous Author
This was a great course regarding stock based compensation!

4
Anonymous Author
Some accounting examples would have been nice to have.

5
Anonymous Author
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 .
Instructor for this course
Course Syllabus
INTRODUCTION AND REVIEW
  Introduction and Overview of Accounting for Stock-Based Compensation4:57
  Initial Measurement10:31
  Subsequent Recognition3:34
  Forfeitures4:36
  Estimating Fair Value2:04
  Liability-Classified Awards 6:24
  Plan Modifications6:42
  Nonpublic Company Only Options7:24
  Stock-Based Compensation for Non-Employees5:00
CONTINUOUS PLAY
  Accounting for Stock-Based Compensation51:12
SUPPORTING MATERIAL
  Slides: Accounting for Stock-Based CompensationPDF
  Accounting for Stock-Based Compensation Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam