{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/718/40/#35-subsequent-measurement","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"718","topic_title":"Compensation—Stock Compensation","subtopic":"718-40","subtopic_title":"Employee Stock Ownership Plans","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":"Leveraged Employee Stock Ownership Plans","heading":"Debt Repayment","paragraphs":[{"citation":"718-40-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_CE576D84-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Debt is generally repaid by the <a href=\"/glossary/e/#employee-stock-ownership-plan\" class=\"term\" title=\"An employee stock ownership plan is an employee benefit plan that is described by the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 as a stock bonus plan, or combination stock bonus and money purchase pension plan, designed to invest primarily in employer stock. Also called an employee share ownership plan.\"><span>employee stock ownership plan</span></a> from employer contributions and dividends on the employer's stock. As the debt is repaid, <a href=\"/glossary/s/#suspense-shares\" class=\"term\" title=\"The shares initially held by the employee stock ownership plan in a suspense account are called suspense shares. Suspense shares are shares that have not been released, committed to be released, or allocated to participant accounts. Suspense shares generally collateralize employee stock ownership plan debt.\"><span>suspense shares</span></a> are released from the suspense account, and the released shares must be allocated to individual accounts as of the end of the employee stock ownership plan's fiscal year. </span></span></div></div>","snippet":"Debt is generally repaid by the employee stock ownership plan from employer contributions and dividends on the employer's stock. As the debt is repaid, suspense shares are released from the suspense account, and the rele…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b5b4bfc887d80b278b6d7327f4ea98db28a31e498cb4e73ac7e3dc614709f079","downloaded_from":"2026-09-10T01:05:34.553Z","last_downloaded_at":"2026-09-10T01:05:34.553Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480579","source_sha256":"12512960d8ec1e7ef104f540680d923b99fdc9b7102d7ef2337b0263ed3a5f05"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ef85aeb6f5db10d3844b35bd82d532df9400f3cb8c87e737b64ac64068b0527","downloaded_from":"2026-09-10T01:05:34.553Z","last_downloaded_at":"2026-09-10T01:05:34.553Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480579","source_sha256":"12512960d8ec1e7ef104f540680d923b99fdc9b7102d7ef2337b0263ed3a5f05"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:45002f3ec8750c18208981395938438026753dc33608787524971cab444dd6a2","downloaded_from":"2026-09-10T01:05:34.553Z","last_downloaded_at":"2026-09-10T01:05:34.553Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480579","source_sha256":"12512960d8ec1e7ef104f540680d923b99fdc9b7102d7ef2337b0263ed3a5f05"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:45002f3ec8750c18208981395938438026753dc33608787524971cab444dd6a2","downloaded_from":"2026-09-10T01:05:34.553Z","last_downloaded_at":"2026-09-10T01:05:34.553Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480579","source_sha256":"12512960d8ec1e7ef104f540680d923b99fdc9b7102d7ef2337b0263ed3a5f05"}}