After the effective date of the amendments in
Update 2018-07, the Codification would have no longer provided explicit
guidance on when to measure share-based payment awards granted to
a customer. The amendments in this Update require that an entity
measure and classify share-based payment awards granted to a customer
by applying the guidance in Topic 718. The amount recorded as a reduction
of the transaction price is required to be measured on the basis of
the grant-date fair value of the share-based payment award in accordance
with Topic 718.
This Accounting Standards Update is the final
version of Proposed Accounting Standards Update 2019-400—Compensation—Stock
Compensation (Topic 718) and Revenue from Contracts with Customers
(Topic 606): Codification Improvements—Share-Based Consideration Payable
to a Customer, which has been deleted.
Accounting Standards Update 2019-08
Issued: November 11, 2019