You are required to briefly and succinctly complete the following questions in writing after viewing this video You may use the following questions to test your ability to fully understand and fully comprehend the main themes of the video A) Briefly discuss the treatment of employee stock options under each of the following Previous FASB APB CAP on Stock Options Hint APB Opinion 25 (1972) FASB SFAS No 123 as originally published (1995) FASB SFAS No 123 as amended or revised (123R) (2004) FASB SFAS No Topic 718 (2018, 2020) B) Mr James Hooton of Arthur Andersen called Auditors the Keepers of the Holy Grail What did Mr Hooton mean by this What is the role that auditors play in society How do Auditors assist in the establishment of an efficient marketplace (include a discussion of the efficient market hypothesis)

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You are required to briefly and succinctly complete the following questions in writing after viewing this video. You may use the following questions to test

You are required to briefly and succinctly complete the following questions in writing after viewing this video. You may use the following questions to test your ability to fully understand and fully comprehend the main themes of the video.

A) Briefly discuss the treatment of employee stock options under each of the following:

Previous FASB/APB/CAP on Stock Options [Hint APB Opinion #25] (1972)
FASB SFAS No. 123 as originally published (1995).
FASB SFAS No. 123 as amended or revised (123R) (2004)
FASB SFAS No Topic 718 (2018, 2020)

B) Mr. James Hooton of Arthur Andersen called Auditors the Keepers of the Holy Grail. What did Mr. Hooton mean by this? What is the role that auditors play in society? How do Auditors assist in the establishment of an efficient marketplace (include a discussion of the efficient market hypothesis)?