AASB 2 requires all share-based payment transactions to be expensed on grant date and the credit is equity.

Name: AASB 2 requires all share-based payment transactions to be expensed on grant date and the credit is equity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

AASB 2 requires that the expense related to share-based payments be recognized over the period in which the service conditions are expected to be satisfied, not necessarily all on the grant date. The credit entry, however, does go to equity for equity-settled transactions.

AASB 2 Requires All Share-Based Payment Transactions to Be Expensed