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IFRS 2 Share Based Payments

  • Accountant
  • CPA (CA)
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CA - ICAEW
  • IAP
  • QIAL
  • ACCA
  • CBA/MCBA
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • CFIRS
  • CWS

Published: August, 2021

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • Objectives and Application
    4 mins
  • Definitions
    11 mins
  • Reload feature
    24 mins
  • Share-based payment transactions
    39 mins
  • Treatment of vesting conditions
    58 mins
  • Counterparty with a choice of settlement
    83 mins

Course Description

Companies often grant shares or share options to employees, directors, senior executives, or other parties such as suppliers and providers of professional services. The popularity of share plans and share option plans has made it imperative that accounting professionals understand how to account for share-based payment transactions.

IFRS 2 Share-based Payment specifies the financial reporting required by an entity to recognize share-based payment transactions (such as granted shares, share options, or share appreciation rights) in its financial statements, including transactions with employees or other parties to be settled in cash, other assets, or equity instruments of the entity. In particular, it requires an entity to reflect in its profit or loss and financial position the effects of share-based payment transactions.

IFRS 2 prescribes various disclosure requirements to enable users of financial statements to understand:

(a) The nature and extent of share-based payment arrangements that existed during the period

(b) How the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period was determined

(c) The effect of share-based payment transactions on the entity’s profit or loss for the period and on its financial position.

This online Accounting CPE webinar covers the following key topics:

  • Accounting for group cash-settled share-based payments in the corporate financial statements
  • Equity-settled share-based payment transactions
  • Cash-settled share-based payment transactions
  • Transactions in which the entity receives or acquires goods or services
  • Receiving the goods or services when that entity has no obligation to settle


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Learning Objectives

  • To underline the recognition and fair value measurement rules for share based payments
  • To identify the effect of vesting on accounting, classifying and reporting
  • To discuss the disclosure requirements related to share based payments
  • To identify the impact on Financial statement reporting and presentation

Recommended For

  • This Accounting CPE course is recommended for CPAs, CMAs, CVAs, Chief Accounting Officers, Accounting and Finance Directors, Financial Reporting Managers, CEOs, CFOs, Controllers, and Business Owners.
  • This Online CPE webinar is recommended for CPAs in Canada  who desire to help their clients with updated knowledge on IFRS

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Accounts Director
  • Assistant Controllers
  • Auditors
  • Business Owner
  • CEO
  • Certified Management Accountant (CMA)
  • Certified Valuation Analysts
  • CFO/Controller
  • Chief Accounting Officer
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 2 CPE Credit for Internal Audit Practitioner (IAP)
  • 2 CPD Credit for Chartered Professional Accountant (CPA Canada)
  • 2 CPE Credit for Certified Valuation Analyst (CVA)
  • 2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 2 CPE Credit for Certified Management Accountants (CMA)
  • 2 CPE Credit for Certified Internal Auditors (CIA)
  • 2 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2 CE Credit for Certified Wealth Strategist (CWS)
  • 2 General Credit for Accountant/Bookeeper
  • 2 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2 CPD Credit for CPA - Ireland
  • 2 CPD Credit for Chartered Accountants - Scotland
  • 2 CPD Credit for CA - ICAEW
  • 2 CPD Credit for Chartered Certified Accountants (ACCA)

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

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MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Michel Morley

Founder, Mike Morley

Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.

An entertaining and informative speaker and trainer, Mike is the author of:

“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.

 “Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.

“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.

Faq

FAQs content

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Ratings and Review

3.7

3 Ratings

Excellent

1

Very Good

0

Average

2

Poor

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Terrible

0

VA

Vanessa Asimacopoulos, CPA (CA)

May 17th, 2022

Many of the questions in the quiz were badly written so I didn't understand what was being asked. I recommend that someone reviews and edits these questions before posting them as they are not written in proper English.

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