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Palo Alto, Calif. (Nov. 14, 2002) -- Due to the new era of corporate vigilance, companies may have to expense stock options whether they want to or not, predicted Ellie Kehmeier, deputy national tax leader of Deloitte & Touche's technology, media and telecommunications group.Speaking at a tax conference here, Kehmeier said that although Congress has taken scant measures on the issue of stock options, the International Accounting Standards Board has already begun circulating a draft of stock option expensing requirements and the Financial Accounting Standards Board may follow their international counterparts. If that occurs, expensing of stock options could be required by as early as 2004.
-- Electronic Accountant Newswire staff
