CAPM Efficient Frontier Curve for PowerPoint

[Virtual Presenter] Good morning and welcome to our presentation on IFRS 2, Share-based Payment. We are fortunate to have Bill Akins, a specialist in the area, with us here today to impart his knowledge to us. He is an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms. Let us all give him a warm welcome here today..

[Audio] We are going to be discussing IFRS 2, Share-based Payment, with Bill Akins, an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms. Our agenda covers Definition, Objective, Exclusion, Classification, Accounting and Recognition, Measurement, Modification, Cancellation and Settlement, and Disclosures. Let's begin..

[Audio] We will be discussing IFRS 2, Share-Based Payment with Bill Akins, an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms. Our exploration will cover the basic principles of IFRS 2, accounting for the effect of equity and cash-settled share-based payments in the financial statements, proper accounting for both equity-settled and cash-settled transactions, and the impact of award modifications, cancellations, and settlements. Let's get started!.

[Audio] Share-based Payment is a concept of great importance for modern businesses. It is the practice of a company providing equity such as shares, options, or other forms of equity participation to individuals or other entities in exchange for goods or services. We will be talking about this concept in detail and hearing from Bill Akins, an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms..

[Audio] IFRS 2 defines share-based payment as a transaction in which an entity receives goods or services either as consideration for its equity instruments or by incurring liabilities for amounts based on the price of the entity's shares or other equity instruments of the entity. Accounting requirements for these types of payments vary depending on how the transaction is to be settled, such as through the issuance of equity, cash, or a combination of both..

[Audio] The objective of share-based payments is to align the interests of the investors, employees and other stakeholders of the business by providing them with an opportunity to benefit from the long-term success of the company." The objective of share-based payments is to give investors, employees and other stakeholders a chance to benefit from the long-term success of the company. This could be in the form of investments in the company, allowing stakeholders to benefit from any increases in its value, or even offering employees additional benefits or incentives for their work. By creating a link between individual and company success, share-based payments can help bring everyone on the same page, and help ensure the future success of the company..

[Audio] We will be discussing the importance of IFRS 2, share-based payments and how it affects companies. Bill Akins, an ACCA Member, Masters of Commerce and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory companies, will provide insights into how the share-based payments affect companies' financial reporting and profitability..

[Audio] IFRS 2, Share-based Payment, is the topic of discussion today. Joining me is Bill Akins - an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms. Share-based payments are arrangements when an entity pays for goods and services with equity instruments rather than cash. This type of payment can involve the supplier providing goods and services and receiving equity instruments in exchange, or an obligation to settle the transaction with the supplier when goods and services are received by another group entity. To help illustrate this concept, please take note of the accompanying picture..

What is share-based Payment Transaction.

[Audio] Introducing our speaker, Bill Akins, who will be able to provide us with a thorough understanding of Share-based Payment Arrangements - agreements between the entity and another party, often an employee, whereby the other party receives something in return for services they provide or are expected to provide in the future. Let's give him a warm welcome..

[Audio] Bill Akins, an ACCA Member, Master of Commerce (M.Com) and CA (ICAEW) Finalist with 6+ years of experience in Audit and Advisory firms, will guide us through IFRS 2, Share-based Payment. We will look at two kinds of arrangements - cash-settled share-based payment and equity-settled share-based payment. In cash-settled share-based payment, the entity pays cash or other assets of the entity in an amount that is based on the price or value of equity instruments including shares or share options of the entity or another group entity. For equity-settled share-based payment, the entity pays equity instruments, including shares or share options of the entity or another group entity. These are the main differences between the two types of arrangements..

Share-based Arrangement.

[Audio] IFRS 2 does not cover share-based payment transactions with parties other than employees or directors of the entity, transactions involving cash, equity instruments, or other goods and services, and transactions involving the purchase of goods or services for which the entity receives goods or services from the supplier as consideration..

[Audio] We've discussed IFRS 2, Share-based Payment, with Bill Akins. I'm sure that everyone has gained a better understanding of this subject. To summarize, IFRS 2 is not applicable to certain contract transactions falling within IAS 32 or IAS 39, and shares issued as consideration in a business combination (IFRS 3). I'd like to thank you for your time and attention..