Today’s Wall Street Journal is reporting that the SEC intends to delay the implementation date for FASB’s option expensing rule:
An announcement of the SEC’s decision could come as early as this week . . The new rules by the Financial Accounting Standards Board, which require companies to include employee stock-option compensation as an expense on their earnings reports, currently are set to take effect for fiscal quarters starting after June 15. The SEC’s staff has recommended that SEC commissioners vote to change the deadline, so that the rules instead would take effect for fiscal years starting after June 15.