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Keyword: acounting

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  • Intel set to announce accounting changes (Refuses to call stock options an expense)

    08/08/2002 6:36:58 AM PDT · by JameRetief · 9 replies · 172+ views
    The Inquirer ^ | 8-8-2002 | Inquirer Staff
    Intel set to announce accounting changes Grove refuses to call stock options an expense By INQUIRER staff: Thursday 08 August 2002, 10:35 REPORTS STATE THAT INTEL is set to buck the trend relating to the reporting of stock options in its accounting procedures. Reuters says Intel will announce today that it will not count stock options as an expense. Instead, the company will seek to provide a different level of detail about its stock-option programmes, which, the chipmaker reckons, will help make executives’ remuneration packages more transparent to shareholders. Company chief Andy Grove reckons that calling stock options an expense...