We want to ensure the quality and integrity of financial information.
_There are arguments for and against a charge to income for stock option compensation and, alternative,
disclosure of option compensation.
_I think that traditional accounting is not needed.
_As a company moves to lean thinking, many of the fundamentals of its management system change and traditional accounting, control,and measurement methods become un
suitable.
Concerning to retrospective changes in accounting policies:adjust the opening balance of each effected component and any other relevant comparative amounts as if the new accounting policy had always been applied.
