IFRS 2 Share Based Payments CPE Self-Study Course

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IFRS 2 Share Based Payments

Reviewed

February, 2024

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

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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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

Webinar Qualifies For

2 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
2 General Credit for Accountant/Bookkeeper/Tax Professionals
2 CPD Credit of Accounting for CPA in Canada
2 CPE Credit of Financial Accounting for Certified Internal Auditors (CIA)
2 CPE Credit of Accounting for Certified Fraud Examiner (CFE)
2 CPE Credit of Accounting & Auditing for Certified Management Accountants (CMA)
2 CPE Credit of Financial accounting for Certified Valuation Analyst (CVA)
2 CPD Credit of Financial Reporting for Accredited in Business Valuation (ABV)
2 CPD Credit of Financial Reporting for Certified Financial Forensics (CFF)
2 CPD Credit for Association of Chartered Certified Accountants (ACCA)
2 CPE Credit for Certified Government Financial Manager (CGFM)
2 CPD Credit for Chartered Accountant - ICAEW
2 CPE Credit for Internal Audit Practitioner (IAP)
2 CPE Credit of Financial accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPD Credit for Chartered Accountants - Scotland
2 CPE Credit of Accounting for Iowa Licensed Public Accountant (IA-LPA)
2 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
2 CPD Credit for CPA - Ireland
2 CPD Credit for Chartered Accountants - Ireland (CAI)
2 PL Credit for CIPM
2 CPE Credit of Accounting for Maine Licensed Public Accountant (ME-LPA)
2 CPE Credit of Accounting for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

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.

Additional Information

Duration

2 Hours

Course Level

Basic

Instructional Method

QAS Self Study

Pre-requisites

None

Advance Preparation

None

FAQ’s

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NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

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.

Ratings and Review

4.3

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Terrible

Kensuke Shoei, CPA (US)

very informative

Joseph Pottackal, CPA (US)

Great experience

Don Crisp, CPA (US), CGMA

good summary of IFRS 2

Vanessa Asimacopoulos, CPA in Canada

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.