The decision comes as the global standard setter headed by Sir David Tweedie gears up to issue a new controversial rule on accounting for stock options this autumn.
Amazon.com is the second US company this month to announce the radical accounting change, which could wipe millions off company balance sheets.
Coca-Cola took the lead last week by announcing it would charge stock options as an expense from the fourth quarter of this year.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements