By
Simon Eskow
NEW YORK—A
Financial Accounting Standards Board proposal that would force
companies to expense stock options has ignited strong opinion,
pro and con, in letters to FASB, newspaper editorials and testimony
on Capitol Hill.
A torrent
of comment letters from more than 2,000 people swamped the FASB
website in the first six weeks after the board released its
exposure draft at the end of March. Supporters called the proposal
a long-overdue piece of the transparency puzzle, while opponents
argued that stock volatility precludes any reasonable way to
account for the value of options.
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