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ASU 2018-07 — improvements to nonemployee share-based payment accounting

FASB amendment aligning much accounting for nonemployee goods and services awards with the employee model in Topic 718.

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Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
ASU 2018-07
Relevant parts
Summary and amendments to Topic 718 and related Topics
Currency
current · checked Aug 8, 2026

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The amendment brings qualifying nonemployee goods-and-services awards into a largely common Topic 718 framework. The first control remains the exchange: recipient and purpose must be known before employee-like measurement or recognition is applied.