IFRS 2- Share-based Payment

Question 1

Objective

Answer 1

specify the financial reporting by an entity when it undertakes a share‑based payment transaction. In particular, it requires an entity to reflect in its profit or loss and financial position the effects of share‑based payment transactions, including expenses associated with transactions in which share options are granted to employees.

Question 2

Scope

Answer 2

Includes:
Share based payment transaction even if only part. Or goods and services not identifiable or within group.

Excludes:
Transactions with employees as holders of equity instruments
IFRS 9 & IAS 32 not incldued

Fair value different from IFRS 13.

Question 3

Recognition of Goods or Services (7):