Question
The question is based on Australian Accounting Standards. Please commit if you sure about the concept. I request you to be ethical and don't just
The question is based on Australian Accounting Standards. Please commit if you sure about the concept. I request you to be ethical and don't just answer anything irrelevant for the sake of money. Thanks
Alpha Ltd operates a share option plan for its officers, employees, and consultants for up to 10% of |
its outstanding shares. Under this plan, the exercise price of each option equals the closing market |
price of the shares on the day before the grant. Each option has a term of 5 years and vests one- |
third on each of the 3 years following grant date. Before this financial period, Alpha Ltd has |
accounted for its share option plan on settlement date and no expense has been recognised.
REQUIRED:
Prepare an appropriate memorandom outlining the disclosures that will need to be made in Alpha Limited Financial Statement following the adoption of AASB 2 Share Based Payment.
Words required 700
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