Hello, welcome to IFRS IS EASY!
Note: All the materials in this blog post have been made available to the public for free download by the respective sources. They are compiled here for ease of access to you.
IFRS 2 Share-based payment is an accounting standard that specifically deals with how companies should account for situations where they pay employees with company shares, option to buy company shares, or an amount tied to the value of company shares, instead of outrightly paying them cash.
Here is a simple example
If a company gives its CEO the right to buy company shares at a discounted price in the future, IFRS 2 explains how the company should record the value of that benefit on its financial statements.
Essentially, if a company pays its employees with cash, salaries, pensions, etc., they would primarily use IAS 19 Employee benefits. However, if a company rewards employees with stock options or shares, they would use IFRS 2 to account for that specific type of compensation.
The below resources (PDF and eLearns) provide comprehensive coverage of IFRS 2, including its key requirements and practical guidance. Whether you are new to IFRS 2 or need a refresher, these resources will be helpful..
IFRS 2 Share-based Payment
Source: KPMG
KPMG Share-based Payment - IFRS 2 Pdf
eLearn
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