Kansas City, Mo. (Sept. 12, 2002) -- Tax prep and financial services giant H&R Block Inc. said it plans to start expensing the cost of stock options in its next fiscal year.
Block joins dozens of other firms, including Coca Cola, Neuberger Berman Inc. and American International Group Inc., who believe the change will help restore confidence in financial reporting amid widespread corporate accounting scandals.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access