This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.


  • Another Congressional letter to FASB on stock options

    15 Mar 2003

    A bipartisan group of 15 US Senators – including a former accountant and the Senator who led the Congressional opposition to FASB's proposal to expense stock options in the early 1990s – have Written to FASB (PDF 808k) urging enhanced disclosures, coupled with shareholder approval of all stock option plans, rather than mandatory expensing.

  • Canadian and German boards support expensing stock options

    15 Mar 2003

    In their letters of comment on IASB ED 2, Share-Based Payment, both the Canadian and German accounting standards boards expressed support for expensing stock options and for measuring them at the fair value of the options granted. .

  • IFAC's 2003 Handbook is published

    14 Mar 2003

    IFAC has released the 2003 edition of its Handbook of International Auditing, Assurance, and Ethics Pronouncements, containing all pronouncements issued as of 31 December 2002. The Handbook includes International Standards on Auditing (ISAs), developed by the International Auditing and Assurance Standards Board (IAASB), and IFAC's Code of Ethics for Professional Accountants.

  • FASB adds employee stock options to its agenda

    13 Mar 2003

    Noting that "a move to require an expense treatment would be consistent with the FASB's commitment to work toward convergence between US and international accounting standards", the US Financial Accounting Standards Board has added to its agenda a project on employee stock options.