The IASB issued amendments to IFRS 2 Share-based Payment, clarifying how to account for certain types of share-based payment transactions.

Companies are required to apply the amendments for annual periods beginning on or after 1 January 2018. Earlier application is permitted.

For further information about the amendments—Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2), please refer to the IASB website