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On January 1, 2017, Company Ones Board of Directors approved granting 5,000 stock options to a select group of senior employees. The requisite service period
On January 1, 2017, Company Ones Board of Directors approved granting 5,000 stock options to a select group of senior employees. The requisite service period is five years with 20% of the options vesting each year from 2017 to 2021. The fair value of the option is as below:
Jan 1, 2017 | $20 |
Dec 31, 2017 | $21 |
Dec 31, 2018 | $22 |
Dec 31, 2019 | $23 |
Dec 31, 2020 | $24 |
Dec 31, 2021 | $25 |
- Based on the description in question, determine the type of vesting condition (cliff vs. graded)
- What is the total compensation expense needed to be recognized under US GAAP for each year from 2017 to 2021?
- What is the total compensation expense needed to be recognized under IFRS for each year from 2017 to 2021 (round to one decimal point)?
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