Off balanceGlenn Cheney's article, "FASB stock comp rule ends decade-old debate - for now" (Jan. 24-Feb. 6, 2005, page 14) refers to keeping "stock option compensation off their balance sheets" and "the hypothetical effect on the balance sheets if such compensation were expensed."
I wonder how this glitch could occur in such an outstanding accounting publication. Surely he meant to refer to the income statements rather than the balance sheets.
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