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FASB Might Delay Options Expensing

The board could put off enactment of its rule to buy time to sift through the 7,000 comment letters it has received.

> > The Financial Accounting Standards Board (FASB) seems willing to delay corporate compliance with its new rules for expensing stock options, which are slated to go into effect at the end of the year. The decision on a delay, in part "will be based on how long it will take us to redeliberate the information we have received," said FASB member Michael Crooch.
Source: CFO


Published:2004-07-05
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