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Basic Question 12 of 14

FASB has provided relief on grant date requirements for stock option so companies can set the grant date as the date that:

A. The key terms and conditions are communicated to employees.
B. It is approved by the board or compensation committee.
C. The award starts to vest.

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Craig Baugh

Craig Baugh

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.