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June 18, 2020 at 3:55 am
Hi, Regarding IFRS 2, I have quite not been able to comprehend why do we need to recognise expenses even if market based condition is not fulfilled? How is it already factored into fair value of equity instrument at grant date?
July 19, 2018 at 4:55 pm
Hi, also regarding the share-based payment (IFRS 2) with the example no 3, is the fair value of the goods sold 10m or 14m? I was thinking it should be 14m since that’s price it was sold for.
please let me know if I am wrong.
August 15, 2018 at 9:23 am
We use the fair value of the goods when we acquire them, so on 1 July 2015, and we don’t use the selling price when they are sold in November. We have bought the goods for resale and are looking to make a profit on them, and cannot recognise this profit until they are sold in November.
Hope that helps.
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