August 8, 2002
The FASB agreed yesterday to explore requiring all companies to disclose more prominently the impact of stock options on earnings – rather then just recommend uniform standards for companies that have voluntarily agreed to disclose this impact. Over 30 companies have volunteered in the past few weeks, including Citigroup who announced its intentions yesterday.
A Washington Post article on this topic is at http://www.washingtonpost.com/wp-dyn/articles/A57198-2002Aug7.html.