Financial Services Industry
Industry: Email Alert RSS FeedBirds of a feather: companies flock to expense stock options - News & Trends - Brief Article
California CPA, Oct, 2002
Some see the rise in corporations deciding to treat stock options as a formal part of the expense of running a business as a response to investor calls for more transparency in corporate financial reporting. To date, more than 68 companies have announced their intention to expense stock options in their financial statements including big names such as Coca-Cola, General Motors, General Electric, Proctor & Gamble, Citigroup and Goldman Sachs.
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A complete list of companies that have announced this accounting change may be found at www.spglobal.com. Click on Updated List of Companies to download an Excel spreadsheet. The list is updated regularly by Standard & Poor's.
COPYRIGHT 2002 California Society of Certified Public Accountants
COPYRIGHT 2002 Gale Group
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