IFRS02 BV2009 - IFRS 2 International Financial Reporting...

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IFRS 2 International Financial Reporting Standard 2 Share-based Payment This version includes amendments resulting from IFRSs issued up to 31 December 2008. IFRS 2 Share-based Payment was issued by the International Accounting Standards Board in February 2004. The IASB has issued the following amendment to IFRS 2: Vesting Conditions and Cancellations (issued January 2008). 1 IFRS 2 and its accompanying documents were also amended by IFRS 3 Business Combinations (as revised in 2008). 2 The following Interpretations refer to IFRS 2: SIC-12 Consolidation—Special Purpose Entities (as amended in 2004) IFRIC 8 Scope of IFRS 2 (issued January 2006) IFRIC 11 IFRS 2—Group and Treasury Share Transactions (issued November 2006). 1 effective date 1 January 2009 2 effective date 1 July 2009 © IASCF 1
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IFRS 2 C ONTENTS paragraphs INTRODUCTION IN1–IN8 INTERNATIONAL FINANCIAL REPORTING STANDARD 2 SHARE-BASED PAYMENT OBJECTIVE 1 SCOPE 2–6 RECOGNITION 7–9 EQUITY-SETTLED SHARE-BASED PAYMENT TRANSACTIONS 10–29 Overview 10–13 Transactions in which services are received 14–15 Transactions measured by reference to the fair value of the equity instruments granted 16–25 Determining the fair value of equity instruments granted 16–18 Treatment of vesting conditions 19–21 Treatment of non-vesting conditions 21A Treatment of a reload feature 22 After vesting date 23 If the fair value of the equity instruments cannot be estimated reliably 24–25 Modifications to the terms and conditions on which equity instruments were granted, including cancellations and settlements 26–29 CASH-SETTLED SHARE-BASED PAYMENT TRANSACTIONS 30–33 SHARE-BASED PAYMENT TRANSACTIONS WITH CASH ALTERNATIVES 34–43 Share-based payment transactions in which the terms of the arrangement provide the counterparty with a choice of settlement 35–40 Share-based payment transactions in which the terms of the arrangement provide the entity with a choice of settlement 41–43 DISCLOSURES 44–52 TRANSITIONAL PROVISIONS 53–59 EFFECTIVE DATE 60–62 APPENDICES A Defined terms B Application guidance C Amendments to other IFRSs APPROVAL BY THE BOARD OF IFRS 2 ISSUED IN FEBRUARY 2004 APPROVAL BY THE BOARD OF VESTING CONDITIONS AND CANCELLATIONS (AMENDMENTS TO IFRS 2) ISSUED IN JANUARY 2008 BASIS FOR CONCLUSIONS IMPLEMENTATION GUIDANCE 2 © IASCF
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IFRS 2 International Financial Reporting Standard 2 Share-based Payment (IFRS 2) is set out in paragraphs 1–62 and Appendices A–C. All the paragraphs have equal authority. Paragraphs in bold type state the main principles. Terms defined in Appendix A are in italics the first time they appear in the Standard. Definitions of other terms are given in the Glossary for International Financial Reporting Standards. IFRS 2 should be read in the context of its objective and the Basis for Conclusions, the Preface to International Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements . IAS 8
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This note was uploaded on 02/22/2012 for the course ACCOUNTING 402 taught by Professor Sanaabadry during the Spring '12 term at DISD.

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IFRS02 BV2009 - IFRS 2 International Financial Reporting...

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