International Financial Reporting Standard 2
The International Financial Reporting Standard 2 (IFRS 2) is an accounting standard of the International Accounting Standards Board (IASB) that regulates the accounting for share-based payments. Share-based payments include, in particular, stock options and virtual stock options ("Stock Appreciation Rights") that are granted to managers as performance-based remuneration . Although these are probably the best-known areas of application, IFRS 2 regulates the accounting for all share-based payments, including in connection with external third parties.
Before IFRS 2 was published, there were no international regulations for accounting for such commitments. For fiscal years from January 1, 2005, these commitments must be recognized as expenses for annual financial statements conforming to IFRS .
IFRS 2 makes a distinction between
- share-based payments with settlement through equity instruments ,
- cash-settled share-based payments, and
- share-based payments with either cash settlement or settlement through equity instruments (combination plans).
Since the options granted are usually not freely tradable, they must be valued using recognized financial models (e.g. binomial model , Monte Carlo simulation model or Black-Scholes model ). Depending on the type of commitment, a reassessment is necessary on each balance sheet date .
literature
- Wolfgang Ballwieser , u. a. (Ed.): Handbook IFRS 2011 . 7th edition. Wiley-VCH Verlag, Weinheim 2011, ISBN 978-3-527-50587-6 .
- Rainer Buchholz: International accounting: The essential regulations according to IFRS and the new HGB - with tasks and solutions . 9th edition. Erich Schmidt Verlag, Berlin 2011, ISBN 978-3-503-13043-6 .
- Bernhard Pellens, u. a .: International accounting: IFRS 1 to 8, IAS 1 to 41, IFRIC interpretations, draft standards. With examples, exercises and case study . 8th edition. Schäffer-Poeschel Verlag, Stuttgart 2011, ISBN 978-3-7910-2938-2 .
