19 pages. "The Private Company Council (PCC) is proposing amendments to the Codification in response to feedback from private company stakeholders indicating that determining the fair value of private company traditional stock-option awards (share-option awards) at grant date or upon a modification to an award is often costly and complex.... During its research and outreach efforts leading to the amendments in this proposed Update, the PCC received feedback that the current price input is typically the most difficult input for private companies to estimate and substantiate to their auditors, primarily because of the lack of observable prices for private company equity shares." [Issued Aug. 17, 2020; comments due Oct. 1, 2020]  MORE >>