Debate rages in US on stock options change

Intel, Genentech and other US companies that have resisted counting employee stock options as an expense will have to do so starting in June under a financial accounting rule issued last week.

25th December, 2004

Intel, Genentech and other US companies that have resisted counting employee stock options as an expense will have to do so starting in June under a financial accounting rule issued last week.

The Financial Accounting Standards Board (FASB) unanimously approved the rule, chairman Robert Herz said at a press conference.

Small businesses won't have to comply until after December 15, 2005, and closely held companies will have until 2006.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago