Comment deadline for FRED 61 — Draft amendments to FRS 102 – Share-based payment transactions with cash alternatives
The Financial Reporting Council (FRC) has published Financial Reporting Exposure Draft (FRED) 61 ‘Draft amendments to FRS 102 – Share-based payment transactions with cash alternatives’ which proposes a narrow scope amendment to clarify and simplify the accounting for share and share option awards where a cash settlement alternative exists. Comments are invited until 1 June 2015.