In March 2003, the Financial Accounting Standards Board (FASB) began reconsidering the accounting standard for equity-based compensation. The Board released an exposure draft for a revised standard on Mar. 31, 2004. That revised standard would require firms to recognize the fair value of employee stock options (ESO) as an expense, as was first proposed by FASB more than 10 years ago. This paper assesses whether, under the current accounting standard, firms that grant ESO without recognizing an expense overstate their income. Presents the relevant issues, describes the current standard for ESO, compares the intrinsic value a fair value methods of measure., a weighs the potential economic effects of revising the standard. Ill.Judith S. Ruud. Instructions. for. Questions. Hla. through. H6. Hla. Refer to the list of persons you entered in question la on page 1. If you left anyone out of your list because you were not sure if the person(s) should be listed, answer questionanbsp;...
|Title||:||Accounting for Employee Stock Options|
|Author||:||Judith S. Ruud|
|Publisher||:||DIANE Publishing - 2008-05-01|