Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.22

+0.1%

Nov 24 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (62725)	1/17/2003 5:18:21 PM
From: rkral	Read Replies (1) of 77400

OT ... mindmeld, re "Then at the end of the day, there should be a true up, which would reflect the know quantity value of the stock options on the date they were expensed. So if you ended up overestimating the expense on the income statement, then I think their should be a contra-expense that gets recorded to retained earnings to reflect the true costs as found out when options are exercised." Your viewpoints do not agree with FASB SFAS 123. Per FAS 123: (1) The value of the expense is determined on the grant date, (2) The option grant must be expensed before the options become vested, and (2) There is no "truing-up" when the options are exercised, or when they expire worthless. What makes you believe you are smarter than the accountants of the FASB? Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next