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Understanding IFRS 2 Scenarios

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0% found this document useful (0 votes)
4 views7 pages

Understanding IFRS 2 Scenarios

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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Dr Cash

Scenario 1 Cr Share capital


Cr Share premium

Why not IFRS 2?


Because no services or
goods are received in
return — only cash
from investors.

A company issues 10,000 ordinary


shares at $5 each to public
investors. The company receives
$50,000 in cash.
Dr Intangible Asset
Scenario 2 Cr Share capital
Cr Share premium

Why IFRS 2?

Co. is receiving an
asset in exchange for
equity shares.

On 1 Jan 20X1, Alpha Ltd acquires a


software license from a tech
company. Instead of paying cash,
Alpha Ltd agrees to issue 5,000 of
its own equity shares in exchange
for the license.
Dr Investment in Equity
Scenario 3 Cr Cash

Why not IFRS 2?

No services or goods are


involved; it's a financial
asset acquisition

Our company purchases 2,000


equity shares of a listed company
for cash.
Dr Expense
Scenario 4 Cr Equity Option (OCE)

Why IFRS 2?

Issuing shares for services


received from employee

A company grants 1,000 share options


to its finance manager as part of his
remuneration package. The options will
vest after 3 years of service.
Dr Cash
Scenario 5 Cr Financial liability
Cr Equity Option (OCE)

Why not IFRS 2?

There is no service or goods


received – this is purely a
financing arrangement.

A company issues a convertible loan note


of $100,000 to an investor. The note pays
interest annually and is convertible into
1,000 shares after 5 years.
Dr Expense
Scenario 6 Cr Share capital
Cr Share premium

Why IFRS 2?

Non-employee services
settled in shares

A consultant helps a startup with strategic


planning, and instead of cash, is issued
500 options that vest immediately.
Dr Expense
Scenario 7 Cr Share capital
Cr Share premium

Why IFRS 2?

Non-employee services
settled in shares

A software company agrees to pay its IT


vendor in equity shares worth $20,000 for
providing software development services.

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