FASB Proposes Guidance on Paid-in-Kind Dividends

FASB seeks input on PIK dividend guidance

The Financial Accounting Standards Board (FASB) is seeking public comment on the proposed Accounting Standards Update (ASU) to standardise how issuers initially measure paid-in-kind (PIK) dividends on equity-classified preferred stock.   This guidance is expected to address the current diversity in practice and enhance the comparability of financial reporting.  The proposed amendments would apply to all entities that issue PIK dividends on equit…

FASB Aims to Update Guidance on Paid-in-Kind Dividends

The Financial Accounting Standards Board is seeking comments on a proposed Accounting Standards Update that would provide guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

FASB proposes guidance on paid-in-kind dividends

The Financial Accounting Standards Board is looking for comments on a proposed accounting standards update offering authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.