While the general accounting principles have remained largely unchanged since the introduction of MFRS 2 ‘Share-based Payment’ in 2004, share-based payments is an area that is not well understood in practice and entities often have difficulty in applying the requirements to increasingly complex and innovative share-based payment arrangements.
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.
This article provides a summary of the MFRS 2 presentation and disclosure requirements for share-based payments, along with example disclosures.
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.
