SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: hueyone who wrote (60816)8/7/2002 10:11:22 AM
From: BWAC  Read Replies (2) | Respond to of 77400
 
<present a consistent set of books to shareholders and IRS>

Well that right there is extremely flawed. The IRS regulations and code contain social engineering allowances, special interest deductions, special interest additions to income, and much much more.

What the IRS code doesn't do is the exact thing you want a set of books to do best:

Simply Match Expenses to the Revenue they produce.



To: hueyone who wrote (60816)8/7/2002 10:40:53 AM
From: GraceZ  Read Replies (1) | Respond to of 77400
 
They take an expense as the options are exercised not as they are granted. I believe the argument is that companies should expense options as they are granted. As far as I know, no one is arguing that the company should take the Black-Scholes value of the option granted as a line item to be expensed for tax purposes at the time it is granted. Correct me if I'm wrong.