Heads Up newsletter on stock options
29 Sep 2006
In our news story of 20 September 2006 we reported on a letter sent to the FEI and the AICPA by the Office of the Chief Accountant (OCA) of the US SEC.
That letter stated OCA's views on the application of the stock option accounting literature in the historical financial statements of public companies when an award of stock or stock options is 'back-dated' before the actual award date, and related circumstances, Deloitte & Touche LLP (United States) has published a special issue of the (PDF 119k) explaining the SEC letter, with an appendix of illustrative examples.