New York (Sept. 29, 2003) -- Coca-Cola and a group of other public companies have volunteered to join a "road-testing" program the Financial Accounting Standards Board is gearing up for to determine how best to value employee stock options.
Coca-Cola is among the companies that told FASB it is willing to help the standard-setters solve the issue of how to value stock options.
Participants in the program will assess the potential costs and benefits from expensing stock options.
In April, FASB agreed that companies should deduct the costs of stock options from their earnings statements. Now, the board is working on how to measure the value of those options as part of a standard it expects to propose early next year.
-- WebCPA staff
