Accounting for Profit Interest Awards 2: Navigating the GAAP Highway
In our second episode on profit interest awards, the Embark team discusses the differences between ASC 710 and 718 and, most importantly, when to apply them.
Join Embarkers Adam Olsen, Zac Smith, and Nicole Harger for this second episode of the Accounting Matters podcast on accounting for profit interest awards. This go around, we take a look at the differences between the relevant guidance – ASC 710 and 718 – where and when each might apply, as well as a few best practices for good measure.
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