Sir,I would like to ask ,if a transaction involved of settled by own issued share that acquired goods or service of another entity, when should it accounted for under IFRS 2 and IAS 32 equity?
Thanks.
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Equity transaction
6y ago#1Normally if you issue shares in return for goods or services of another entity, you will measure the transaction at the fair value of the goods or services received. IFRS 2 - but remember not to spend time quoting standard numbers in the exam.
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