Most of the value of Huawei Technologies is owned broadly by about 90,000 employees who buy what we would call phantom stock rights. Unlike most phantom plans in the U.S., however, the shares carry a right to interim profit distributions.
A four-year study of 1,500 employees primarily at companies in the UK with all-employee share plans found that plan participants reported a number of positive results.
On July 16, the International Accounting Standards Board (IASB) approved recommendations from its staff that companies expense share-based compensation. The board vote was unanimous.
The International Accounting Standards Board (IASB) has made further progress in developing proposals on accounting for stock options. The body wants to require that companies show a current cost for options grants on their income statements.
The International Accounting Standards Board (IASB) has issued an initial draft proposal to require companies to account for the value of stock options. The proposal would go into effect January 1, 2004. A final version will be put out for comment later this year.
On February 19, the International Accounting Standards Board (IASB) issued an exposure draft of its new International Financial Reporting Standard 2, Share-based Payment.
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.
