This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version. Please upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Share-Based Payment

Date recorded:

The Board discussed an analysis of responses to the first five questions contained in ED 2. The Board re-affirmed their support for the general principle of recognising share-based payments in the financial statements and for recognising an expense (by vote of 14-0). In addition the Board confirmed their support for the general principle of measuring share-based payments at fair value.

The Board noted that various exceptions to these general principles arising from the comment letters would be discussed, for instance, the use of minimum value for unlisted entities.

The staff proposed, as a result of comments made, that the concepts project should amend the IASB Framework to clarify the meaning of an expense in line with the discussion contained in the US Concepts documents.

The Board agreed to post the comment letters on its website.