Comment letter , PwC US Sep 24, 2020
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
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