CERTYNEX IFRS ACADEMY

Nordis SA receives consulting services, paid for in options, that do not meet the recognition criteria for an asset. How does it account for them as they are received?

As an intangible asset, because payment is made in equity instruments.

As an expense at exercise of the options, when the shares are issued.

As an expense, with a liability as counterpart, because the entity has undertaken to issue shares.

As an expense, with a corresponding increase in equity.