IFRS 2Chapter 3Lesson 2
Parties other than employees and the estimation of fair value
Step 1 of 6Learning objectives
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For parties other than employees, it is presumed that the fair value of the goods or services received can be estimated reliably; the fair value of the instruments granted rests, as the case may be, on a market price or on a model whose inputs involve judgement.
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Learning objectives
- Explain the rebuttable presumption that the fair value of goods or services received can be estimated reliably, and the associated measurement date.
- Distinguish rebuttal of the presumption from the case where the goods or services received are not identifiable.
- Explain the usual inputs of an option valuation model and their nature as judgements, never as values imposed by the standard.