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Equity Share option scheme

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Equity Share option scheme

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • June 1, 2017 at 7:08 pm #389561
    asifrashid
    Member
    • Topics: 9
    • Replies: 0
    • ☆

    Hi,

    On equity share base scheme
    Dr Expense P/L
    CR Equity SOFP

    Deferred tax asset also recognize on it

    DR deferred tax asset

    what will be the CR entry on this

    Many thanks

    June 1, 2017 at 8:39 pm #389579
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    I imagine that the credit entry will be to the Current Tax account and thence to the statement of profit or loss via a reduction to the tax charge

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