IFRS 2Chapter 8Lesson 1
Group transactions: each entity assesses its own rights and obligations
Step 1 of 4Learning objectives
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In a group, the entity receiving the services classifies the award from its own position, not from the group's; when the parent grants its shares to a subsidiary's employees, it is the parent that has the obligation to deliver them.
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Learning objectives
- Recall that the classification of an award depends on what the entity itself must deliver.
- Determine the classification of a group award in the financial statements of the entity that receives the services.
- Analyse who bears the obligation to deliver the instruments when the parent grants its shares to a subsidiary's employees.