How do I use the Minimum Disclosures Report?

According the the FASB Accounting Standards Update, an entity with one or more share-based payment arrangements shall disclose information that enables users of the financial statements to understand the following:

  • The nature and terms of such arrangements that existed during the period and the potential effects of those arrangements on shareholders

  • The effect of compensation cost arising from share-based payment arrangements on the income statement

  • The method of estimating the fair value of the equity instruments granted during the period

  • The cash flow effects resulting from share-based payment arrangements

Carta has built the disclosure reports based on ASC 718 requirements.

Navigate to Compliance & Tax and click Get started under Financial reporting.

Within the Reports tab, a Minimum Disclosures report can be downloaded by clicking the three dots to the right of the applicable reporting period.

Select an option to view the details included in the report.