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Recently, stock options have been strongly criticized in the press following controversies at several companies. What has this criticism focused on?
IASB
International Accounting Standards Board, the organization responsible for issuing and updating International Financial Reporting Standards (IFRS).
Accounting Principles
Established guidelines and standards for financial reporting and accounting practices.
Conventions
Agreed-upon principles or practices that guide actions and decisions in specific contexts, such as accounting conventions which guide financial reporting.
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