SEC · other · Published 2021-12-01 · Effective 2021-12-01 · 86 FR 68111
Document
Document number
2021-26027
Federal Register citation
86 FR 68111
CFR reference
17 CFR 211
Type
Rule
Action
Publication of Staff Accounting Bulletin.
Category
other
Agency
US Securities and Exchange Commission
Publication date
2021-12-01
Effective date
2021-12-01
Docket
Release No. SAB 120
Abstract
This staff accounting bulletin expresses the views of the staff regarding the estimation of the fair value of share-based payment transactions in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 718, Compensation--Stock Compensation ("Topic 718"), when a company is in possession of material non-public information, and modifies portions of the interpretive guidance included in the Staff Accounting Bulletin Series ("Series") in order to make the relevant interpretive guidance consistent with current authoritative accounting guidance, specifically, to update the Series to bring existing guidance into conformity with Topic 718.