Accounting for stock-based compensation: Australian issues.

Wood, David (1994) Accounting for stock-based compensation: Australian issues. The University of Queensland:

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Author Wood, David
Title of report Accounting for stock-based compensation: Australian issues.
Formatted title

Publication date 1994
Place of publication The University of Queensland
Total pages 62
Language eng
Subjects 1503 Business and Management
Formatted abstract
This Research Report investigates the issue of Accounting for Stock-based Compensation. It looks at the issue from an Australian perspective in light of the developments in the USA where the issuing of an FASB Exposure Draft has caused considerable debate on the appropriateness of the implications including the recognition of a cost of share options issued and the expensing of that cost over the vesting period.

A survey of Australia's top 95 companies has found that approximately half of them issue share options to employees but that the motivation behind such issuance is divided equally between minimising agency costs and a form of remuneration. Additionally, it was found that there is little support for the expensing of the cost of share options as proposed by the FASB Exposure Draft.

In Australia, the PSASB and the AASB have signalled their intention to look into this issue in the future. The study highlights the fact that they must ensure there is sufficient public discussion and input so that an appropriate Standard can be developed.

Document type: Research Report
Collection: MBA reports
Citation counts: Google Scholar Search Google Scholar
Created: Wed, 05 Jan 2011, 16:24:42 EST by Mr Kevin Liang on behalf of The University of Queensland Library