Comment on Accounting for Stock-Based Compensation. (Stock Options).

The Financial Accounting Standards Board has issued an Invitation to Comment, Accounting for Stock-Based Compensation: A Comparison of FASB Statement No. 123, Accounting for Stock-Based Compensation, and Its Related Interpretations and IASB Proposed IFRS, Share-based Payment.

The Invitation to Comment explains the similarities of and differences between the proposed guidance on accounting for stock-based compensation included in the International Accounting Standards Board's recently issued exposure draft and the accounting for stock-based compensation under FASB Statement 123.

The FASB is seeking views on those similarities and differences, as well as other aspects of the fair value based method of accounting for stock-based compensation, including issues related to measuring the fair value of employee stock options.

A copy of the document is available at www.fasb.org/draft/index.shtml.

The comment period ends Feb. 1.