The Financial Accounting Standards Board (FASB) has issued a Proposed Interpretation of Accounting Principles Board (APB) Opinion No. 25 (1972). The Proposed Interpretation was issued as FASB Financial Accounting Series No. 195-B (March 31, 1999).

APB Opinion No. 25, together with the more recently issued FASB 123, sets forth basic rules for accounting for stock issued to employees. [FOOTNOTE 1] The Proposed Interpretation applies to various forms of stock awards but this article will focus on its impact on stock options. Conversations with the Staff at the FASB indicate the thinking of the Staff is not final on a number of points in the proposal.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]