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Topics hide Determination of the vesting period Case – Service commencement date before grant date Graded vesting Case – Graded vesting Attribution to periods Case – Straight-line attribution and different reference periods Case – Straight-line attribution with challenging performance target Variable vesting period Market condition with variable vesting period Case – Market condition not met … Read more
Topics hide Employee share purchase plans Case – Share purchase plan at fixed price for longer period Case – Impact of classification as true ESPP or as option plan Share purchases funded through loans Case – Share purchase funded through loan: Net settlement Case – Share purchase funded through loan: Gross settlement Determining assets to … Read more
Topics hide Fair value employee share options Fair value ESOPs – Assumptions Fair value ESOPs – Expected volatility expected term Selecting inputs to option pricing models Share price Exercise price Expected volatility Historical volatility Implied volatility Expected dividends Risk-free rate Expected term Vesting and non-vesting conditions Restrictions on transferability Fair value employee share options Share … Read more
Topics hide Employee cash-settled share-based payments Overview Basic principles of accounting for cash-settled share-based payment transactions with employees Initial measurement Remeasurements Case – Cash-settled share-based payment transaction with change in value of equity instrument Capitalisation of the services received Case – Cash-settled share-based payment with capitalisation Case – Cash-settled share-based payment with service and market … Read more
Topics hide Transfer pricing for transactions between related parties Arm’s length transaction principle OECD Transfer pricing methods Traditional Transaction Methods 1. Comparable Uncontrolled Price Method CUP example 2. The Resale Price Method Resale price example 3. The Cost Plus Method Cost plus example Transactional Profit Methods 4. The Comparable Profits Method Comparable profits transfer example … Read more
Topics hide Equity 1. Equity the residual interest in the assets of the entity after deducting all its liabilities 1. Statement of Financial Position 2. Equity instrument is the contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities 2. Statement of Financial Position 3. Equity interests … Read more
Topics hide Disclosure non-financial assets and liabilities example 8 Non-financial assets and liabilities 8(a) Property, plant and equipment 8(b) Leases 8(c) Investment properties 8(d) Intangible assets 8(e) Deferred tax balances 8(f) Inventories 8(g) Other assets and assets classified as held for sale 8(i) Provisions 8(j) Recognised fair value measurements Disclosure non-financial assets and liabilities example … Read more
Topics hide Example Disclosure financial instruments 7 Financial assets and financial liabilities 7(a) Trade receivables 7(b) Other financial assets at amortised cost 7(c) Financial assets at fair value through other comprehensive income 7(d) Financial assets at fair value through profit or loss 7(e) Cash and cash equivalents 7(f) Trade and other payables 7(g) Borrowings 7(h) … Read more
Topics hide Revenue definition Step 1 Identify the contract Case – Oral contract Attributes of a contract No contract under IFRS 15 Case – Collectability of the consideration Step 2 Identify separate performance obligations Step 3 Determine the transaction price Step 4 Allocate the transaction price to performance obligations Step 5 Recognise revenue as or … Read more
Use back button from the brower Topics hide Best estimate Provisions IFRS 3 Business combinations Fair value contingent consideration Bargain purchase Employee benefits – Actuarial assumptions IFRS 17 Fulfilment cash flows Financial instruments Investment property – Value in use Service concession arrangements Best estimate The word ‘Best estimate‘ is one of those IFRS Jargon words … Read more