The International Accounting Standards Board (IASB) today published an Exposure Draft detailing proposed amendments to IFRS 2 Share-based Payment.
The Exposure Draft Classification and Measurement of Share-based Payment Transactions brings together a collection of three proposed amendments to IFRS 2. These proposed amendments were initially discussed by the IFRS Interpretations Committee. The proposals provide guidance on:
- the accounting for the effects of vesting conditions on the measurement of a cash-settled share-based payment;
- the classification of share-based payment transactions with net settlement features; and
- the accounting for 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.
The Exposure Draft will be open for public comment until 25 March 2015.
Further information on the amendments can be found on the project pages.
Chris Welsh, Communications Manager, IFRS Foundation
Telephone: +44 (0)20 7246 6495
Michael Stewart, Director of Implementation Activities, IASB
Telephone: +44 (0)20 7246 6922
Denise Durant, Technical Manager, IASB
Telephone: +44 (0)20 7246 6469