TITLE

ACCOUNTING FIRM FAVORS STOCK OPTION EXPENSING

AUTHOR(S)
Heffes, Ellen M.
PUB. DATE
May 2003
SOURCE
Financial Executive;May2003, Vol. 19 Issue 3, p17
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports that accounting firm Grant Thornton LLP says that it is in favor of expensing stock options. Edward Nusbaum, Chief Executive Officer (CEO), stated that the value associated with stock options is obvious. He went on to say that the financial services industry is more prepared in 2003 compared to 1994. Nusbaum also discussed several issues pertaining to medium-sized enterprises and went over the benefits associated with expensing stock options, such as accuracy in the reporting of the true economics as well as equality in regard to incentive plans.
ACCESSION #
9654833

 

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