TITLE

PCAOB Staff Questions and Answers, Auditing the Fair Value of Share Options Granted to Employees (Part 1 of 2)

AUTHOR(S)
Georgiades, George; Puncel, Luis M.
PUB. DATE
January 2007
SOURCE
GAAS Update Service;1/30/2007, Vol. 7 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article gives an overview of the document "Auditing the Fair Value of Share Options Granted to Employees" issued by the U.S. Public Company Accounting Oversight Board (PCAOB) in October 2006. The document provides guidance on issues related to the implementation of the auditing standards of the PCAOB. The issues include: the auditor's evaluation of the company's process for estimating the fair value and the factors that affect the auditor's assessment of risk at the financial statement.
ACCESSION #
23795949

 

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