Link with IAS 32: two standards, two subjects

Learning objectives

• Identify which Standard (IFRS 2 or IAS 32) governs a contract according to its purpose.L2

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

1 question

• Zéphyr SA examines two contracts: (1) the grant to its employees of options on its own shares in exchange for their services; (2) a contract to buy copper, a non-financial item, that can be settled net in cash and is not held for its own supply requirements. Which standard governs each?L2