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Scope of this reference
Inspect the standard and the scope used in the teaching material. The verification date describes the stored review.
- Authority
- Financial Accounting Standards Board
- Standard
- ASC Topic 718
- Version
- Codification content as verified 2026-08-08
- Where it applies
- United States GAAP
- Entities covered
- Nongovernmental entities applying US GAAP; recipient, exchange, scope, grant date, classification, supplied fair value, conditions, service, settlement, and tax facts evaluated first
- Last source check recorded
- Aug 8, 2026
- Status recorded at review
- current
- Effective from
- Not specified in this record
Inspect the source: FASB ASC Topic 718, Compensation—Stock Compensation
Check the applicable effective dates and later amendments in the source before applying this reference.
Concepts using this reference (12)
- Equity-classified share award
- Graded vesting
- Grant-date fair value
- Liability-classified share award
- Market condition on a share award
- Performance condition on a share award
- Requisite service period
- Service condition
- Share-award forfeiture
- Share-award modification
- Share-based payment award
- Unrecognized compensation cost
Instructional scope
This record supports an ACC 301 sequence from award scope and classification through grant date, supplied fair value, service, performance and market conditions, forfeitures, graded vesting, modifications, settlement, exercise, expiration, tax effects, EPS handoff, and disclosure.
Standards clock
The current lane incorporates ASUs 2016-09, 2017-09, 2018-07, and 2024-01. ASU 2025-04 remains pending for annual periods beginning after December 15, 2026, including interim periods, unless early adopted. Its customer-specific condition guidance is neither current for an unadopted entity nor available by analogy for employee and operating nonemployee awards.
Limitations
The record does not value options, establish grant date, classify an award, conclude on scope or probability, prove service, interpret tax law, decide a settlement alternative, or provide legal advice about profits interests.