Key management personnel compensation

Learning objectives

• Identify the five categories of key management personnel compensation to be disclosed, in total and for each category.L1, L2, L3
• Calculate the total and the breakdown by category from the data of a case.L2, L3

Normative references

• IAS 24 §17Key management personnel compensation is disclosed in total and for each of the following categories: short-term employee benefits, post-employment benefits, other long-term benefits, termination benefits and share-based payment.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

3 questions

• In Cèdre SA's related party note, key management personnel compensation is presented by category. Which of these categories are in the list to be presented? More than one answer is possible.L1
• Tilleul SA recognises for the year the short-term benefits of its key management personnel, amounting to {short_term_benefits}. They remain payable at year-end. Post the expense entry (case convention, IAS 24 requires no entry).L2
• For the year, the key management personnel of Platane SA received: short-term benefits {short_term_benefits}; post-employment benefits {post_employment_benefits}; other long-term benefits {other_long_term_benefits}; termination benefits {termination_benefits}; share-based payment {share_based_payment}. A manager also received a loan of 50,000 from the entity, outstanding at year-end. Calculate the total key management personnel compensation to be presented.L3