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International Financial
Reporting Standards (IFRS) |
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| U.S. GAAP | IFRS, IAS | Accounting Topics |
International Financial Reporting Standard (IFRS) 2
Share-based Payment
International Financial
Reporting Standards (IFRS) |
|
International Accounting
Standards (IAS) |
|
U.S. GAAP by Topic |
| International Financial Reporting Standard (IFRS) 2 |
|
IFRS 2
Share-based Payment
Issued in February 2004
Recent amendment: by IFRS 3 revised in January 2008 |
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Share-based payment transactions are recognized in the financial statements.
Three types: (1) equity-settled share-based payment transactions (2) cash-settled share-based payment transactions (3) share-based payment transactions with a choice of settlement |
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Equity-settled share-based payment transactions --> increase in equity (1) measured by fair value of goods or services (2) if fair value of goods or services cannot be estimated reliably, --> fair value of equity instruments is used (3) fair value of equity instruments --> based on market prices |
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Cash-settled share-based payment transactions --> increase in liability (1) measured by fair value of liability |
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Share-based payment transactions with a choice of settlement (1) to the extent that a liability is incurred --> treat as a cash-settled share-based payment transaction (2) to the extent that no liability is incurred --> treat as an equity-settled share-based payment transaction |
