ASU 2021-07 — Compensation—Stock Compensation (Topic 718)—Determining the Current Price of an Underlying Share

The objective of this Update is to address the concerns of private company stakeholders about the cost and complexity associated with determining the current price input into the valuation of a share-based award granted as compensation. The amendments in this Update provide a practical expedient for a nonpublic entity to determine the current price input of equity-classified share-based awards issued to both employees and nonemployees.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update—Compensation—Stock Compensation (Topic 718): Determining the Current Price of an Underlying Share for Equity-Classified Share Option Awards, which has been deleted.

Issued: October 25, 2021