On March 31, 2004, the Financial Accounting Standards Board (FASB) announced proposals that would force US-listed companies to record the estimated value of employee stock options as an expense item...

On March 31, 2004, the Financial Accounting Standards Board (FASB) announced proposals that would force US-listed companies to record the estimated value of employee stock options as an expense item in profit and loss statements based on the fair value on the grant date.