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Employee Stock Options Must be Treated as Expenses

Posted by michael on from the rated-b-for-bottom-line dept.

currivan writes "In a move that's been in consideration for a long time, the Financial Accounting Standards Board (FASB) approved new rules requiring employee stock options to be treated as expenses for reporting purposes. One of the reasons so many tech companies have given options to IT/engineering workers is that until now, they haven't counted against profits in quarterly reports. If markets were truly efficient, this wouldn't make a difference, but in reality, the tech industry is strongly opposed to the rule, though it should please Warren Buffett."

2 of 325 comments (clear)

  1. WTF? by Anonymous Coward · · Score: -1, Offtopic

    This was on yahoo like 2 days ago.

  2. So assholes like George Soros can profit by Anonymous Coward · · Score: -1, Offtopic

    and spend their money pissing off the American public to such a degree they reelected President Bush? Excellent keep spewing the hate you fatass Michael Moore and the rest of you Hollywood fools.