Based on this topic reading answer the following questions in your discussion post. (Note address these questions and not the ones that follow question instructions) 1. What are the major recommendations of the stock compensation pronouncement?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Based on this topic reading answer the
following questions in your discussion post.
(Note address these questions and not the
ones that follow question instructions)
1. What are the major recommendations of
the stock compensation pronouncement?
2. How do the provisions of GAAP in this area
differ from the bill introduced by members of
Congress, which would require expensing for
options issued to only the top five officers in a
company? (Focus on comparability)
3. The bill in Congress urges the FASB to
develop a rule that preserves "the ability of
companies to use this innovative tool to
attract talented employees." Do you believe
that this will impact the neutrality of financial
accounting and reporting? Explain.
Your response must be a minimum of 25O
words. You need to have a minimum 3
citation references in APA format. In-line
citations and the complete reference must be
provided.
Transcribed Image Text:Based on this topic reading answer the following questions in your discussion post. (Note address these questions and not the ones that follow question instructions) 1. What are the major recommendations of the stock compensation pronouncement? 2. How do the provisions of GAAP in this area differ from the bill introduced by members of Congress, which would require expensing for options issued to only the top five officers in a company? (Focus on comparability) 3. The bill in Congress urges the FASB to develop a rule that preserves "the ability of companies to use this innovative tool to attract talented employees." Do you believe that this will impact the neutrality of financial accounting and reporting? Explain. Your response must be a minimum of 25O words. You need to have a minimum 3 citation references in APA format. In-line citations and the complete reference must be provided.
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