Skip to content

CMA Final · Corporate Financial Reporting · Share based Payment (Ind AS 102)

Ind AS 102 was amended through 'Amendments to References to the Conceptual Framework in Ind AS issued in 2021', which changed the footnote to the definition of an equity instrument. From which annual periods must an entity apply this amendment, and how?

The amendment applies to annual periods beginning on or after 1 April 2021, retrospectively under Ind AS 8. If that is impracticable or involves undue cost or effort, the entity applies it by reference to the specified paragraphs of Ind AS 8.

  1. AAnnual periods beginning on or after 1 April 2017, prospectively only
  2. BAnnual periods beginning on or after 1 April 2021, retrospectively under Ind AS 8, with relief if impracticable or undue cost or effortCorrect
  3. CAnnual periods beginning on or after 1 April 2021, prospectively only with no relief
  4. DAnnual periods beginning on or after 1 April 2017, retrospectively with no relief

Explanation

Ind AS 102 requires application for annual periods beginning on or after 1 April 2021, retrospectively under Ind AS 8. If retrospective application is impracticable or involves undue cost or effort, the entity applies it by reference to the specified paragraphs of Ind AS 8. The 2017 date relates to a different amendment.

Did you get it right without looking?

One question tells you little. A timed set on Share based Payment (Ind AS 102) shows your real accuracy, how long you take and where you lose marks.

Practise Share based Payment (Ind AS 102)Free diagnostic mock

More Share based Payment (Ind AS 102) questions