New UK GAAP 2015: Application of FRS 100-102 in the UK

Chapter 21 Share-based payment

1 Introduction

   1.1 Background

   1.2 Overview of accounting approach

       1.2.1 Classification differences between share-based payments and financial instruments

   1.3 Scope of Chapter 21

2 Comparison between Section 26, previous UK GAAP and IFRS

   2.1 Scope

       2.1.1 Definitions and transactions within scope

   2.2 Recognition

       2.2.1 Accounting after vesting date

   2.3 Measurement of equity-settled share-based payment transactions

       2.3.1 Vesting conditions and non-vesting conditions

       2.3.2 Treatment of service and non-market performance conditions in measurement of fair value

       2.3.3 Employees and others providing similar services

       2.3.4 Valuation methodology

       2.3.5 Awards where fair value cannot be measured reliably

       2.3.6 Cancellation of awards

       2.3.7 Settlement of awards

       2.3.8 Replacement awards following a cancellation or settlement

   2.4 Cash-settled share-based payment transactions

   2.5 Share-based payment transactions with cash alternatives

       2.5.1 Entity or counterparty has choice of equity- or cash-settlement

       2.5.2 Settlement in cash of award accounted for as equity-settled (or vice versa)

   2.6 Group plans

       2.6.1 Accounting by group entity with obligation to settle an award when another group entity receives goods or services

       2.6.2 Alternative accounting treatment for group plans

   2.7 Government-mandated plans

       2.7.1 Unidentifiable goods/services ...