PwC has commented on the FASB’s proposed ASU on determining the price of an underlying share for stock option awards, a proposal of the Private Company Council.
PwC commented on the PCC’s proposed practical expedient on stock option pricing
We support the FASB’s efforts, but do not believe that it will reduce costs
We’re concerned the proposed ASU implies auditors’ responsibilities would change
© 2016 - 2021 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.