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Accounting for Simple Agreements for Future Equity   New

CATEGORY: Accounting & Auditing
COURSE ID: CPSAFE, VERSION 1.00
  Online & Mobile
1 CPE Credits
Level: Update

Russ Madray, CPA reviews the accounting for simple agreements for future equity, so called SAFE agreements. These agreements are commonly used for early-stage start-up entities and seed capital. The agreement sets out specifics on when and how the capital contributed will convert to equity. SAFE agreements may be used in place of convertible debt, as they do not have a maturity date or accrue interest. 

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