Overall, I could not understand 4. IFRS 2- SCOPE (chapter14)
IFRS 2 applies where goods or services are received in exchange for an equity based payment; it does not apply to the following:
? Shares issued in a business combination
? Financial instrument contracts for the purchase of goods
? Purchase of treasury shares
? Rights issues where some of the shareholders are also employees.
Could you please elaborate on it?
Ask the Tutor ACCA SBR
IFRS 2- Scope
6y ago#1Far too detailed! All you need to know is the business combination one - if you issue shares as consideration for a subsidiary - then measure at FV in line with IFRS 3
Sign into reply to this topic.