Almost all listed companies fail to record the stock options they issue to their employees as an expense in their income statement.
As FORBES has pointed out, this depressed the total salary expense line in the income statement, further diminishing the quality of reported earnings.
As FORBES GLOBAL has pointed out (see "Stock options are not a free lunch, " May 18), this depressed the total salary expense line in the income statement, further diminishing the quality of reported earnings.
Rule No. 123 has been active for seven years, but only a handful of companies use it to expense stock options on the income statement.
Those are slim margins for gas station owners to work within, and any unexpected expense could be crippling to their income statement, Bierman said.
FORBES: You think you hate high gas prices? Try selling the stuff.
If you're filling in the employment pages, do make sure the benefits that you list tie up to your P11D (Benefits Statement) and you make appropriate expense claims for things like business travel and professional subscriptions to ensure you are not over taxed on work-related expenses income.
The statement is designed to prepare shareholders for this possible expense in the future.
"The CBO's report shows that tax breaks are skewed in favor of the top 1% of Americans at the expense of other priorities, " Van Hollen asserted in a statement.
"Bank of America denies the allegations and is entering into this settlement to eliminate the uncertainties, burden and expense of further protracted litigation, " it said in a statement.
BBC: Bank of America pays $2.4bn to settle Merrill Lynch lawsuit
"Despite the substantive accounting issues as to whether companies end up paying twice, we believe that in today's market climate, it is in the best interest of our shareholders to expense the options AIG grants going forward, " Greenberg said in a prepared statement.
For the expense figure, take the "general and administrative" costs disclosed on the income statement.
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