[amp_mcq option1=”acquires” option2=”receives” option3=”transfers” option4=”Both A and B” correct=”option2″]<\/p>\n
The correct answer is: Both A and B<\/strong>.<\/p>\n IFRS 2 applies to share-based payment transactions in which an entity acquires goods or services by way of equity instruments, or acquires or receives goods or services and settles the consideration by issuing equity instruments.<\/p>\n Share-based payment transactions are transactions in which an entity acquires goods or services by way of equity instruments, or acquires or receives goods or services and settles the consideration by issuing equity instruments.<\/p>\n Equity instruments are contracts that give the holder the right to acquire an ownership interest in an entity or to receive cash or other assets from an entity for the surrender of that right.<\/p>\n Share-based payment transactions can take many forms, including:<\/p>\n IFRS 2 requires an entity to recognize the goods or services received in a share-based payment transaction at fair value at the date the entity obtains the goods or services. The fair value of the goods or services received is usually measured by reference to the market price of the entity’s equity instruments at the date the entity obtains the goods or services.<\/p>\n The entity also recognizes an expense for the goods or services received in a share-based payment transaction. The expense is recognized over the period in which the entity expects to benefit from the goods or services received.<\/p>\n The expense is measured as the fair value of the equity instruments granted, less any amount that has been recognized as equity.<\/p>\n IFRS 2 also requires an entity to disclose information about its share-based payment transactions. This information includes:<\/p>\n IFRS 2 is a complex standard that requires careful application. If you have any questions about IFRS 2, please consult with a qualified accountant.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”acquires” option2=”receives” option3=”transfers” option4=”Both A and B” correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-58746","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n\n
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