Global Standards for the world economy

Monday 29 May 2017

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Meeting Summaries and Observer Notes

 IASB December 2008


The Board resumed its redeliberation of the exposure draft Group Cash-settled Share-based Payment Transactions published in December 2007. The exposure draft addresses how an entity that receives goods and services from its suppliers should account in its separate financial statements for share-based payment arrangements that are settled in cash by a group entity on its behalf.

The Board discussed the staff analysis and the proposed ‘measurement of these arrangements as recommended by the IFRIC. The Board tentatively agreed with the IFRIC’s recommended changes from the measurement proposals in the exposure draft. The Board directed the staff to prepare a draft amendment to IFRS 2 Share-based Payment reflecting the Board’s tentative decisions. The Board will consider at a future meeting whether re-exposure of the amendment is necessary.

Date: 12/18/2008