OpenLegislation

Division 3

United Kingdom

Original text. Later amendments are not shown.

IFRS 2 requires transactions in which share-based payments are made to employees to be measured by reference to the fair value of the share-based payments at grant date (IFRS 2, paragraph 11)f1. Hence, the entity is not required to measure directly the fair value of the employee services received.

Annotations

Footnotes

f1

Under IFRS 2, all references to employees include others providing similar services.