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May 31, 2005

The final chapter

The impending requirement for stock option expensing.

Every year IR magazine seems to write an article based on the premise that companies are about to be required to expense the cost of stock options in their income statements. And every year what seemed like a done deal is, well, undone.So here we are again. On December 16 the Financial Accounting Standards Board (Fasb) issued Statement 123R, the long-awaited standard requiring companies to recognize the cost of options in their income statements. Of course, anything can happen. Fasb has been

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