Question Number: 308

AC 551 Unit 5 Homework Assignment FASB Codification Case (Case 13-5 Occupy Mall Street) NEWCase 13-05 Occupy Mall StreetOccupy Mall Street (OMS or the “Company”) is a leading real estate management firm that owns and manages over 100 shopping malls across the United States. The Company went public in 2009 and experienced a continued increase in stock price through 2011. With the sustained growth of the business and rising stock price, OMS developed a practice of granting annual stock option awards to its executives at the beginning of each year.