Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The House of Representatives tried to head off, or at least limit, the Financial Accounting Standards Board (FASB) proposal to require expensing of employee stock options, but so far the Senate doesn’t seem ready to cooperate. Despite the 312-to-111 House vote for a bill to limit the expensing requirement to options for a company’s top five executives until a study of the economic impact is completed, observers say the Senate is not even likely to take up the issue. Too many senators, including Richard Shelby (R-Ala.), head of the Senate Banking Committee, oppose it. “Shelby being head of the committee has a tremendous amount of power,” says Ken Kies, managing director of the federal policy group at Clark Consulting. The Senate is also short on time, even if it reconvenes after the election.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.