IFRS 2: Share-Based Payment Pt. 3 |Cash-Settled SBP with Solved Sample Questions| #acca #icag #ican

Previously, when an entity issued it equity shares or share options as consideration for services rendered by employees, no entries were carried out in the financial statement of the entity in question. However, if cash is paid to the employee, salary or remuneration expense is recognized. This anomaly led to the introduction of International Financial Reporting Standard 2, Share-Based Payment. The standard compels entities that undertake share-based payment transactions to recognize, measure, present, and disclose all material facts of the transaction. In order to account for such transactions correctly, a comprehensive understanding of the principles and concepts of the standard is required. This video provides a detailed, step-by-step approach to understanding and applying the concepts and principles of IFRS 2, share-based payment. In this third part of the lesson, we focus on cash-settled share-based payment transactions with solved sample questions. Channle link:    / @ronasacademy   Still! RONAS: Comprehending the Complications! 00:00 Introduction 03:23 Recognition of Cash-Settled SBP 06:13 Exercising SARS 07:23 Solved Sample Questions