FASB Seeks Cost-Benefit Data From Software Firms

ByJohn S. McClenahen In connection with its proposed changes in how companies are to account for stock-based employee compensation, the Financial Accounting Standards Board (FASB), Norwalk, Conn., is seeking information on what compliance costs would be. Specifically, FASB is inviting commercial software producers and providers of software services to comment on the changes and costs involved in including a new lattice-based model for valuing stock options in their software offerings. Eight "discussion" questions appear in a survey on FASB's Web site www.fasb.org. Completed surveys are due by Dec. 12, 2003.