Since the issuance of FASB ASC 718 and 505-50 in 2004, valuing stock-based compensation ("cheap stock") has been a significant challenge for private companies. The long-awaited Valuation of Privately-Held-Company Equity Securities Issued as Compensation -- Accounting and Valuation Guide has been designed to mitigate that challenge. It brings practical guidance and illustrations related to accounting, disclosure and valuation of privately held company equity securities issued as compensation. Order your copy in paperback, PDF or e-book format. FVS/ABV/CFF members save 10%.