Hi need to ask that when a company offers share based payment scheme to senior executives of the company, then apart from the normal SBP treatment, is it also a related-party transaction and should be treated accordingly?
Yes – this is part of the disclosure requirements of IAS 24: Management compensation. Disclose key management personnel compensation in total and for each of the following categories: – short-term employee benefits – post-employment benefits – other long-term benefits – termination benefits – share-based payment benefits