Norwalk, Conn. -- At their meeting here today, members of the Financial Accounting Standards Board voted to give public companies another six months to implement the board's proposed standard for expensing employee stock options.
After weighing input from preparers who said that they needed more time to meet the demands of Sarbanes-Oxley, FASB agreed to delay by six months the effective date for public companies to implement the controversial proposal that would require companies to expense the value of the stock options that they grant to their employees.
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