EFRAG issues feedback statement on the IASB's Exposure Draft of amendments to IFRS 2

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

16 Apr, 2015

The European Financial Reporting Advisory Group (EFRAG) has published its feedback statement summarising the main comments received from constituents invited to respond to their draft comment letter in relation to the International Accounting Standards Board’s (IASB’s) Exposure Draft 'ED/2014/5 Classification and measurement of share-based payment transactions (proposed amendments to IFRS 2)'.

The IASB’s proposed amendments clarify the classification and measurement of share-based payment transactions and consider the following issues:

  • accounting for cash-settled share-based payment transactions that include a performance condition;
  • classification of share-based payment transactions with net settlement features; and
  • accounting for modifications of share-based payment transactions from cash-settled to equity-settled.

EFRAG published its draft comment letter in December 2014 and its final comment letter in April 2015.

The feedback statement summarises the main comments received by the EFRAG Board in relation to the draft comment letter and explains how those comments were considered by the EFRAG Board reaching their final position on the IASB ED set out in their final comment letter to the IASB.

The press release and full feedback statement are available on the EFRAG website. 

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