This article assumes that you are basically familiar with IFRS2 Share based payments and is looking at a twist, which is how to account for options issued in a business combination.
When it comes to accounting for equity settled share based payments, there are a number of confusing issues. One is how the numbers are calculated when staff leave. A second confusion can arise when the issue relates to a business combination. This latter point will be addressed in a subsequent article.
What is wrong with IFRS3 Business Combinations? I look at why IFRS3 Business Combinations is not the perfect standard!
This weeks blog is a lift from one of my whats app exchanges responding to a student’s query. My responses are often voice notes – but on this occasion I composed a reply as I wanted to use numbers to make my point. I thought it deserved a wider audience.
SBR examines financial reporting and IFRS in a holistic way. Whilst we often study standards in isolation (in silos), problem solving and explanations in the exam will often draw on more than one accounting standard. Understanding how IFRS interact is key to passing SBR.
I take a look at what crowdfunding is and how to account for it. I break down the fact that crowdfunding could be debt, equity or revenue.
Reading articles is really important when studying SBR. It’s essential for understanding current issues. Articles deepen your understanding of accounting standards in the real world.
This examinable document seeks to make an amendment to IAS12 Income Taxes in order to enhance the faithful representation of accounting for deferred tax.
One of my former students got 83% in the SBR exam. I am always interested in learning from students, so I asked him the secret of his success, and he said..
So what is the accounting in the group financial statements where some shares in, say a 30% associate are sold, but a residual of 5% remains?