Excerpt: Accounting regulators have fired what they say is the last salvo in a decades-long war to require companies to expense their stock option grants, setting the stage for the next battle-- exactly how to do so. The Financial Accounting Standards Board, or FASB, an independent regulatory body that sets financial accounting rules, has said that by the end of this year, it will pass a new rule forcing companies to count their option grants as a cost, and expense them as such.

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