September 14, 2005: Merrill Lynch announces a new options expensing policy for its U.S. equity research analysts, requiring the inclusion of equity-based compensation expense in GAAP estimates for reporting periods mandated under FAS 123(R). The link to the press release may be found at http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050914005846&newsLang=en.
April 14, 2005: The SEC has extended the deadline to comply with FAS 123R. The Commission's new rule allows companies to implement Statement No. 123R at the beginning of their next fiscal year, instead of the next reporting period, that begins after June 15, 2005, or Dec. 15, 2005 for small business issuers. The link to SEC news Release 2005-57 is http://www.sec.gov/news/press/2005-57.htm. The full text of the final rule may be found at: http://www.sec.gov/rules/final/33-8568.pdf
On March 29, 2005 the SEC released Staff Accounting Bulletin No. 107 which provides interpretations of various aspects of FAS 123(R).
SEC's Office of the Chief Accountant and Division of Corporation Finance Release Staff Accounting Bulletin 107, March 29, 2005 http://www.sec.gov/news/press/2005-43.htm A link to the Bulletin is at the end of the press release.