Our ‘Insights into MFRS 2’ series is aimed at demystifying MFRS 2 by explaining the fundamentals of accounting for share-based payments using relatively simple language and providing insights to help entities cut through some of the complexities associated with accounting for these types of arrangements.
As explained in our article, ‘Insights into MFRS 2 – Classification of share-based payment transactions and vesting conditions’, a share-based payment transaction must be classified as either an equity-settled transaction or a cash-settled transaction. This applies to both share-based payments with employees and with non-employees.
This article discusses the accounting for share-based payments with non-employees.
How we can help
We hope you find the information in this article helpful in giving you some insight into aspects of MFRS 2. If you would like to discuss any of the points raised, please speak to your usual Grant Thornton contact.
