IASB proposes amendments to IFRS 2 related to the classification and measurement of share‑based payment transactions
December 1, 2014
The IASB proposes amendments to IFRS 2 that, if finalised, would clarify:
- the accounting for the effects of vesting conditions on 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 transaction from cash‑settled to equity‑settled.
The IASB did not propose an effective date for the proposed amendments. However, early application is proposed to be permitted. The ED proposes prospective application but permits retrospective application if certain criteria are met.
Comments on the proposals are due by 25 March 2015.