News
International Accounting Standards Board Issues Narrow-scope Amendments to IFRS 2 Share-based Payment
25-Jul-2016
LONDON - The International Accounting Standards Board (the Board) today issued amendments to IFRS 2 Share-based Payment, clarifying how to account for certain types of share-based payment transactions.
The amendments, which were developed through the IFRS Interpretations Committee, provide requirements on the accounting for:
1. the effects of vesting and non-vesting conditions on the measurement of cash-settled share-based payments;
2. share-based payment transactions with a net settlement feature for withholding tax obligations; and
3. a modification to the terms and conditions of a share-based payment that changes the classification of the transaction from cash-settled to equity-settled.
Companies are required to apply the amendments for annual periods beginning on or after the 1st of January, 2018. Earlier application is permitted.
Further information about the amendments—Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2)