The IASB has received as many as 200 letters campaigning against the proposed standard, submitted by lobbying group, the International Employee Stock Options Coalition, according to reports in today’s FT.
In response, the IASB said it welcomed the letters and would consider the comments of those that disagreed with the proposal. The letters will be released after the 30 April meeting of the IASB.
However, the IASB, together with US counterpart, the Financial Accounting Standards Board are unlikely to budge on this issue.
Already global braneds like Amazon.com, Microsoft and Coke are including the cost of stock options in their profit and loss accounts.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016