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Text of FASB Chairman's Testimony on Stock Option Accounting Proposal (PDF)
Financial Accounting Standards Board [FASB]
Apr. 21, 2004 43 pages; 4/20/04. Excerpt: My testimony includes a brief overview of (1) the FASB ... (2) the process that the Board follows in developing accounting standards, (3) the background and basis for the Board's unanimous decision to issue a proposal to improve the accounting for equity-based compensation, (4) the key provisions of the proposal, (5) how the proposal would improve financial accounting and reporting for the benefit of investors, creditors, and other consumers of financial reports ... MORE >> |
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