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7/20/2004: House Votes to Block Options Expensing; FASB Says Delay Possible (National Center for Employee Ownership [NCEO])
In his Employee Ownership Update for July 20, NCEO Executive Director Corey Rosen discusses the latest news on option expensing. The House has just passed H.R. 3574, 'The Stock Options Accounting Reform Act,' which would limit proposed options accounting reforms in several ways. At the same time, a member of FASB's board says that FASB will consider requests for a delay in the implementation of the new options accounting rules.
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