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Comment: Addressing FASB proposal on share-based payments

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Grant Thornton has issued a comment letter on the FASB proposed Accounting Standard Update, Compensation – Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 600): Codification Improvements – Share-Based Consideration Payable to a Customer. The firm agrees with the proposal to require entities to measure and classify share-based payments to a customer by applying Topic 718 guidance. The comment letter includes Grant Thornton’s responses to a number of questions about the proposed ASU asked by the FASB.