Employee Stock Options Must be Treated as Expenses

currivan writes "In a move that's been in consideration for a long time, the Financial Accounting Standards Board (FASB) approved new rules requiring employee stock options to be treated as expenses for reporting purposes. One of the reasons so many tech companies have given options to IT/engineering workers is that until now, they haven't counted against profits in quarterly reports. If markets were truly efficient, this wouldn't make a difference, but in reality, the tech industry is strongly opposed to the rule, though it should please Warren Buffett."

Ah, the wailing and gnashing of teeth.

[AltGrendel]

As all the geeks on /. try to figure out what this means.

Re:Ah, the wailing and gnashing of teeth.

[Eccles]

i have read it four times and i have no idea what it means

So accounting is a lot like Perl...

Re:Hmmmm

[JPelorat]

Sheesh, fine, you win. Who'd have thought there were so many grouchy accountants around here...

But hey, at least you're not being a jerk like that other one.