Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

Journal entryAdvancedPublished

Question · Entity choice: cash settlement is a repurchase

Lumen SA has classified as equity-settled a plan whose settlement method it chooses. At vesting, it decides to settle in cash and pays 180,000, an amount equal to the fair value of the instruments at the settlement date (case data). Record the settlement entry.

Cash paid on settlement (equal to the fair value of the instruments)
180,000
Your answer
  1. Line 1

    Account Share-based payment reserve

  2. Line 2

    Account Cash

← Back to the concept