The International Accounting Standards Board (IASB) has an exposure draft on how companies should account for stock options and other forms of equity compensation. "ED 2 Share-based Payment " is now available for public comment. The electronic text will be available free November 18.
The International Accounting Standards Board (IASB) has postponed issuing standards for equity based compensation until the end of July 2004. It had been anticipated that a decision could be reached by the end of 2003. This will probably mean a similar delay in any final guidelines from the U.S.
The International Accounting Standards Board (IASB) has issued a discussion draft calling for using "fair value" to report the cost of stock options and other equity plans on a company's income statement.
The International Accounting Standards Board (IASB) has issued an exposure draft for amendments to its share-based accounting rules (IFRS 2 Share-Based Accounting). The amendments would restrict vesting conditions to service periods or performance.
Recently, the SEC issued a new rule allowing employees with vested, unexercised stock options to use them as collateral to purchase call options as a way to obtain some cash value for the shares they can exercise.
In June, Mark and Perri Barnes sold their business, Barnes Inc., to its 175 employees. In an interview, Mark Barnes describes why he made that decision:
John Logue, the founder and director of the Ohio Employee Ownership Center, died on December 9 after a short battle with a very virulent form of cancer.
It is with great sadness that we report on the death of the NCEO's cofounder, Karen Young. Karen and Corey Rosen started the NCEO in 1981. They had worked together on the U.S. Senate Small Business Committee before starting the NCEO.