ASU 2010-13 Effect of Denominating the Exercise Price of a Share-Based Payment Award in the Currency of the Market in Which the
ASU 2010-13 is an update to FASC 718 – Compensation – Stock Compensation and is effective for fiscal years beginning on or after December 15, 2010. The ASU would have been considered an Emerging Issues Task Force (EITF) issuance before the Codification.
Linda is a CPA living in Southwestern Ohio, working as a research accountant for an investor-owned publicly traded utility company. She specializes in implementing new FASB and SEC requirements and FAS 133 derivative issues. In her role at the utility she has encountered many issues and written many memos, so send in your implementation and derivative issues and Linda will help figure out an answer.