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The SEC has released a Staff Accounting Bulletin providing guidance on how the effects of the carryover or reversal of prior year misstatements should be considered in quantifying a current year misstatement. This Financial Reporting Alert explains the accounting for employee stock options by describing the new accounting rules, summarizing SEC Staff Accounting Bulletin No. 123 (revised 2004), Share-Based Payment), summarizing SEC Staff Accounting Bulletin No. |
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