BC88 The Board first considered at which date the fair value of equity instruments should be determined for the purpose of measuring share‑based payment transactions with employees (and others providing similar services). [When the Board developed the proposals in ED 2, it focused on the measurement of equity‑settled transactions with employees and with parties other than employees. ED 2 did not propose a definition of the term ‘employees’. When the Board reconsidered the proposals in ED 2 in the light of comments received, it discussed whether the term might be interpreted too narrowly. This could result in a different accounting treatment of services received from individuals who are regarded as employees (eg for legal or tax purposes) and substantially similar services received from other individuals. The Board therefore concluded that the requirements of the IFRS for transactions with employees should also apply to transactions with other parties providing similar services.
…Version date: 26 February 2020 - onwards
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