On 17 January 2008, the International Accounting Standards Board issued Vesting Conditions and Cancellations (Amendments to IFRS 2). The amendments have an effective date of 1 January 2009, but earlier adoption is permitted.
The amendment deals with two matters. It clarifies that vesting conditions are service conditions and performance conditions only. Other features of a share-based payment are not vesting conditions. It also specifies that all cancellations, whether by the entity or by other parties, should receive the same accounting treatment.