PwC comments on the PCC’s proposal on stock option valuation

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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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David Schmid

David Schmid

International Accounting Leader, National Professional Services Group, PwC US

Jay Seliber

Jay Seliber

Partner, National Professional Services Group, PwC US

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