WEN » Topics » Share Based Payment

This excerpt taken from the WEN 8-K filed Oct 19, 2006.
Share Based Payment (“SFAS 123R”). The revision requires all entities to recognize compensation expense in an amount equal to the fair value of share-based payments granted to employees. SFAS 123R eliminates the alternative method of accounting for employee share-based payments previously available under APB 25. The Statement will become effective for the Group in its fiscal year ending May 27, 2007. The Group believes adoption of SFAS 123R will not have a significant effect on its Combined Financial Statements.

In May 2003, the FASB issued Statement of Financial Accounting Standards No. 150,

This excerpt taken from the WEN 8-K filed Aug 26, 2005.
Share Based Payment. The revision requires all entities to recognize compensation expense in an amount equal to the fair value of share-based payments granted to employees. The Statement eliminates the alternative method of accounting for employee share-based payments previously available under APB 25. The Statement will become effective for the Group in its fiscal year ending May 27, 2007. The Group has not yet assessed the effect that the adoption of SFAS 123R will have on its financial position and results of operations.

      In May 2003, the FASB issued Statement of Financial Accounting Standards No. 150,

EXCERPTS ON THIS PAGE:

8-K
Oct 19, 2006
8-K
Aug 26, 2005
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