FASB Publishes proposal on stock options to improve accounting, provide greater transparency.
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 and Canada recently issued requirements to expense share-based payments, including employee stock options.
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|Title Annotation:||accounting & auditing news; Financial Accounting Standards Board|
|Article Type:||Brief Article|
|Date:||May 1, 2004|
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