FASB asks for comments on stock-based compensation, issues guidance on disclosure requirements.

• Position: Accounting & auditing news - Brief Article

The Financial Accounting Standards Board has issued an Invitation to Comment, Accounting for Stock-Based Compensation: A Comparison of FASB Statement No. 123, Accounting for Stock-Based Compensation, and Its Related Interpretations, and IASB Proposed IFRS, Share-Based Payment. Comments are due Feb. 1 (obtain a copy from www.fasb.org). The invitation to comment explains the similarities of and differences between the proposed guidance on accounting for stock-based compensation included in the International Accounting Standards Board's recently issued exposure draft and the accounting for stock-based compensation under FASB Statement 123.

In addition, the FASB...