IFRS 2 “Share-based payments” is a complex and challenging standard to apply. This seminar aims to provide a refresher of the requirements of IFRS 2 “Share-based payments”.
This workshop will cover the classification, recognition and measurement requirements in respect of equity and cash settled share-based payments. It will also cover amendments to existing schemes, including modifications, forfeitures and cancellations.
In addition, participants will learn about the requirements in respect of group share-based payment transactions and how to account for the tax effects of a share-based payment.
Key topics covered:
- Introduction and overview including details of the scope of IFRS 2
- Classification as either equity-settled or cash-settled
- Equity-settled share-based transactions
- Determining grant date
- Vesting and non-vesting conditions
- Determining vesting period
- Determining fair value of equity instruments granted and appropriate valuation techniques
- Cancellation vs. Modification
- Cash-settled share-based transactions
- Measurement: liability approach
- Settlement methods: Choice for the entity or the employee
- Group Plans (with and without recharge)
- Tax and share-based payments
Trainer profile:
Kamsuo Wong, MA LLM MBA FCPA(Aust.)
With three Master’s degrees under his belt, Kamsuo Wong, a candidate for a Doctorate degree of Education, is highly regarded as a multi-faceted academic backed by over fifteen years of extensive professional experience in accounting. He is a professional accountant in Hong Kong, United Kingdom and Australia and the member of Hong Kong Institute of Certified Public Accountants (CPA), Chartered Institute of Public Finance and Accountancy (CPFA), and CPA Australia (FCPA). He is also the Expert Council Advisor of International Financial Management Association. He is currently the Assistant Professor of Centennial College (an independent College established by University of Hong Kong), Adjunct Lecturer at a number of universities and tertiary education institutions.
