ASC-718
Stay audit-ready and GAAP-compliant
ASC 718 provides the accounting to recognize equity grants as compensation expenses of the company. This is a critical part of boosting investor confidence, mitigating risk, and ensuring full compliance with Generally Accepted Accounting Principles (GAAP). Shoobx organizes everything you need to create ASC 718 reports, including grant types, vesting schedules and Stock Incentive Plan details.
Want some more information on everything ASC 718, including a full glossary of all the terms you’ll need to know? Explore our white paper on the subject.
“In my role as CFO, having confidence in my cap table is critical. Shoobx gives me that confidence.”
– Kelley Hicks, CFO, Burrow
Let us help you with stock-based compensation reporting
Reduce Risk
As you issue equity, your cap table gets updated automatically. This ensures that nothing slips between the cracks.
Save Time
Because your stock-based compensation expenses are calculated automatically, you can spend that time doing tasks that help grow your business.
Stay Financing-Ready
Investors require standards-compliant accounting reports on a regular basis, usually annually. With Shoobx, you’re always ready.