Sometimes an entity issues financial instruments that require settlement using its own shares. Examples of these include
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Sometimes an entity issues financial instruments that require settlement using its own shares. Examples of these include purchased or written options to buy or sell its own shares, or forward contracts to buy or sell its own shares. Explain the accounting issues that result from the existence of these instruments. How does IFRS tend to treat these types of instruments? Give examples to support the different treatments that are available under IFRS. Note any differences under ASPE.
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The main issue that arises for instruments that require settlement in the entitys own shares is whet...View the full answer
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Related Book For
Intermediate Accounting Volume 2
ISBN: 9781119497042
12th Canadian Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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