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Share-based Payment
Prescribed Study Material
• Chapter on share-based payment in Descriptive
Accounting, 20th edition.
• IFRS 2 Share-based Payment.
• IFRS 2 is examinable at level 3 except for the following:
• Level 2: Valuation of options (IFRS 2.B1-.B41).
• Level 1: Share-based payment transactions in which the
terms of the arrangement provide the counterparty with a
choice of settlement (IFRS 2.35-.40).
• FRG 2. Accounting for Black Economic Empowerment
(BEE) Transactions (level 3).
• Included in the SAICA Handbook, Volume 2B – Audit
Standards; SAICA and IRBA Content.
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