Share Based Payment

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Bobokulov Fotih
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Joined: 18 Jun 2022, 12:45

Share Based Payment

Post by Bobokulov Fotih »

Hi all,
If company agrees to pay for its consultant by issuing new shares (it is not granting options, just giving shares in exchange for services), is it considered according to IFRS 2?
Leo
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Joined: 05 Apr 2020, 22:31

Re: Share Based Payment

Post by Leo »

Free shares to employees, yes.
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Marek Muc
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Re: Share Based Payment

Post by Marek Muc »

Free shares given to third parties in exchange for services are in the scope if IFRS 2, you need to recognise corresponding expense.

https://ifrscommunity.com/knowledge-bas ... d-payment/
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Marek Muc
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Re: Share Based Payment

Post by Marek Muc »

Leo wrote: 01 Aug 2022, 22:45 Free shares to employees, yes.
Do you see employees in the original question?
Leo
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Joined: 05 Apr 2020, 22:31

Re: Share Based Payment

Post by Leo »

my excuses, I must've read too quickly !
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