Share-Based Payment

The IASB's Framework defines equity as the residual interest in the assets of an entity after deducting all its liabilities. Shareholders' equity is comprised of all capital contributed to the entity plus retained earnings IFRS 2 applies to the accounting for all share‐based payment transactions, including: equity‐settled share‐based payment transactions; cash‐settled share‐based payment transactions; and cash‐settled or equity‐settled share‐based payment transactions or by issuing equity instruments. This standard may also apply in the absence of specifically identifiable goods and services but when other circumstances indicate that goods or services have been (or will be) received. IFRS 2 applies to all entities (both publicly and privately held). An entity should not apply this IFRS to transactions in which the entity acquires goods as part of the net assets acquired in a business combination (transactions within the scope of IFRS 3).