International Financial Reporting Standards and Share-Based Compensation Plans
Understand the tax implications
U.S. executives — in finance, tax, human resources and beyond — are looking closely at the movement toward International Financial Reporting Standards (IFRS) as a single set of globally accepted accounting principles. A shift from U.S. GAAP to IFRS will have significant tax implications for share-based compensation plans, requiring companies to examine carefully the tax impact on financial reporting, systems and plan design.
A new report, "Share-Based Compensation Plans and International Financial Reporting Standards," discusses four key areas of difference between U.S. GAAP and IFRS that affect share-based compensation programs:
- Income tax accounting
- Valuation and expense amortization
- Balance sheet classification
- Payroll tax accounting
Download the full report below to learn more.