AASB 2 requires that the fair value of the option issued as a share-based payment to an employee,be determined and this value be deemed to be the cost of the options.

Question

Quizplus · Accepted Answer

This statement is true. AASB 2 requires that the fair value of share-based payment transactions, including options issued to employees, be determined and recognized as an expense in the financial statements. The fair value of the options is deemed to be the cost of the options.

AASB 2 Requires That the Fair Value of the Option