One of the general disclosure principles that IFRS 2 imposes is that entities should disclose information that enables users to understand the effect of share-based payment transactions on their profit or loss for the period and their financial position. If Tucan has liabilities arising from share-based payment transactions, what information must be given at the end of the period to minimally fulfill this principle?
A. The total carrying amount at the end of the period and the total intrinsic value of liabilities where the other party’s rights had vested by the end of the period
B. The modified carrying amount at the end of the period and the total extrinsic value of liabilities where the other party’s rights had vested by the end of the period
C. The proportional carrying amount at the end of the period and the total extrinsic value of liabilities where the other party’s rights had vested by the end of the period
To fulfill the general disclosure principle under IFRS 2 Share-based Payment, Tucan would need to provide certain information related to its liabilities arising from share-based payment transactions. This typically includes details such as:
A. The total carrying amount at the end of the period and the total intrinsic value of liabilities where the other party’s rights had vested by the end of the period.
Therefore, the correct answer is: A. The total carrying amount at the end of the period and the total intrinsic value of liabilities where the other party’s rights had vested by the end of the period.
