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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › What are financial liabilities
the text writes:
“financial liabilities – any liability that is a contractual obligation.”
it then lists 3 items and i am reproducing the last one:
“that will or maybe settled in the entity’s own equity instruments”
i dont get this part. can u give an example and please expand on this sentnece.
thanks
It’s a share-based payment – we have an obligation that, when settled, will or may involve us issuing shares.
Ok?
yup..:)
Good 🙂