Alert | By David Gordon, Kenneth Sparling, Dina Bernstein, Andrew Lash, Samantha Nussbaum, David Yang

The SEC released the long-awaited final rule that implements a requirement in the Dodd-Frank Act. The new PVP Rule will require recalculation of various Summary Compensation Table inputs…

Alert | By Stafford Schmidt, Thomas Haines

FASB issued its Accounting Standards Update 2021-07 to the Accounting Standards Codification Topic 718-10-30-20, which further simplifies the valuation of equity-classified share-based awards for nonpublic companies made to employees and nonemployees.

Alert | By Thomas Haines

FASB Accounting Standards Codification Topic 718, Stock Compensation (formerly, FASB Statement 123R), requires generally that all equity awards granted to employees and nonemployees be accounted for at “fair value.” This fair value is measured at grant for stock-settled awards, and at subsequent exercise or settlement for cash-settled awards.

Alert | By David Gordon, Dina Bernstein, Andrew Lash

New SEC rules, effective November 9, 2020, provide that annual reports must describe the registrant’s human capital resources (HCR) “to the extent material to an understanding of the registrant’s business taken as a whole.” FW Cook has now reviewed…

Alert | By David Gordon, Dina Bernstein, Andrew Lash

Effective November 9, annual reports on Form 10-K must be filed in accordance with new SEC rules, which have significantly modified the required contents. One of the new rules provides that the 10-K must describe the registrant’s human capital resources…

Alert | By Thomas Haines

FASB released a proposed Accounting Standards Update that would simplify the valuation of equity-classified stock options and stock-settled stock appreciation rights for nonpublic companies by allowing them to use the safe harbor valuation methods…

Alert | By David Gordon, Dina Bernstein

On July 22, the SEC issued final rules regarding proxy advisers, such as Institutional Shareholder Services (ISS) and Glass Lewis, who provide proxy recommendations to persons making proxy voting decisions. The final rules follow intense, and divided, commentary on the proposed rules…

Alert | By David Gordon, Bindu Culas

The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was enacted March 27, 2020, and contains a massive set of laws intended to deal with the Coronavirus pandemic, including potential relief in the form of loans/loan guarantees to some employers and potential payroll assistance…

Alert | By David Gordon, Dina Bernstein, Samantha Nussbaum

On December 16, 2019, the IRS released proposed regulations on the changes to section 162(m) of the Internal Revenue Code (162(m)) enacted by the Tax Cuts and Jobs Act of 2017 (TCJA). The proposed regulations provide extensive guidance on a number of critical issues under 162(m), including…

Alert | By Thomas Haines

FASB Accounting Standards Codification (ASC) Topic 718, Stock Compensation (formerly, FASB Statement 123R), requires generally that all equity awards granted to employees and nonemployees be accounted for at “fair value.”