GOOD NEWS FOR ENTREPRENEURS AND THE HEART OF INNOVATION

This battle is still not over on the issue of expensing options. The Stock Option Accounting Reform Act still has to pass through the full House and Senate. An article on the event below and another view from American Venture magazine.

Panel moves against FASB

TheDeal.com
by Donna Block in Washington
June, 15 2004

The House Committee on Financial Services overwhelmingly passed controversial legislation Tuesday, June 15, that would curb the Financial Accounting Standards Board's authority to require the expensing of stock options. (full article)