New accounting rules from the Financial Accounting Standards Board will require companies to treat stock options and grants as expenses after Jan. 1, although some companies ending their fiscal year in June will start expensing options against income in this quarter.
The Council of Institutional Investors recently submitted a letter to Thomson Financial, asking the company to only provide consensus estimates including option expense (after an initial transition period) as part of Thomson's First Call estimates. Thomson had been considering providing two consensus estimates, one including and one excluding option expenses.
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