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Basic Question 4 of 14
According to FASB 123 (R), if the purchase price for an Employee Stock Purchase Plan (ESPP) is 90 percent of fair market value on the grant date, the company does not need to record an earning charge. True or False?
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain issues associated with accounting for share-based compensation;
explain how accounting for stock grants and stock options affects financial statements, and the importance of companies' assumptions in valuing these grants and options.
CFA® 2025 Level II Curriculum, Volume 2, Module 11.