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Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Need help on June 08 (INT) past exam paper bonus calculation
June 08 question 1(v) bonus calculation.
https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012/p2int_2008_jun_q.pdf
https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012/p2int_2008_jun_a.pdf
Please help me on share option calculation. I do not get where is that 2/3 apportioning coming from? Question states that employee must stay in service on 30/11/2008. It is less than 2 years.Any ideas?
I’ll have a look and let you know – but it would seem illogical to apportion 2/3 if they’re not meant to serve for at least three years as you expect
I’m sorry, I’ve looked at the workings and cannot understand the logic of apportionment either!
Thank you Nickneouk for taking a look ,question is back from 2008 maybe there was different rules.
hi, the 2/3 is actually the months.
it’s 12 months (for the period 1 June 07 to 31 May 08) divided by the whole vesting period, i.e. 18 months (1 June 07 to 30 November 08).
correct me if am wrong.
@knylam said:
hi, the 2/3 is actually the months.
it’s 12 months (for the period 1 June 07 to 31 May 08) divided by the whole vesting period, i.e. 18 months (1 June 07 to 30 November 08).correct me if am wrong.
oh I see, that really explains everything, thank you Knylam for sorting out this for me.
just an addition, another way to look at it is 12/18 months X 90% X3m
