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?
Normally 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.