The Financial Accounting Standards Board has finished a technical correction to guidance issued last summer related to stock option expensing rules.
Staff Position No. 123(R)-5 addresses whether changes to equity compensation grants made in connection with an equity restructuring or a business combination, such as a merger or acquisition, should be regarded as a change to the award for purposes of applying the stock option expensing rules in Financial Accounting Statement No. 123(R) and in guidance issued in August 2005 in Staff Position No. 123(R)-1.
