FASB Publishes proposal on stock options to improve accounting, provide greater transparency.In response to requests from investors and many other parties to improve the current accounting standards relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc employee stock compensation in financial statements, the Financial Accounting Standards Board Financial Accounting Standards Board (FASB) Board composed of independent members who create and interpret Generally Accepted Accounting Principles (GAAP). has published an exposure draft, Share-Based Payment, an Amendment of FASB Statements No. 123 and 95. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the FASB FASB See: Financial Accounting Standards Board FASB See Financial Accounting Standards Board (FASB). , the proposal seeks to improve existing accounting rules and provides more complete, higher quality information for investors. Comments are due June 30; the proposal is available on the FASB's Web site. The FASB also noted that the proposal would achieve substantial convergence in this area between U.S. and international accounting standards. It says reports show that approximately 500 public companies in the U.S. are treating stock options as an expense or plan to do so in the near future. The International Accounting Standards Board  An editor has expressed concern that this article or section is .Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and and Canada recently issued requirements to expense share-based payments, including employee stock options. www.fasb.org |
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