PCAOB guidance on audits of share options
17 Oct 2006
The US Public Company Accounting Oversight Board has published staff guidance on auditing the fair value of share options granted to employees.
The guidance is in the form of Staff Questions and Answers on applying the fair value measurement provisions of FASB Statement 123R Share-Based Payment, which became effective 15 June 2006. FAS 123R is very similar to IFRS 2 Share-based Payment. Click for:
- PCAOB Staff Q&A on Audits of Stock Options (PDF 112k)
- PCAOB Press Release (PDF 57k)
