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has your company promised some shares to its directors for their work or service or did you offer some cash bonus where amount depends on the movement of your own share price then youre welcome to watch this summary of ifrs 2 share based payment that exactly specifies the rules for similar transactions i am sylvia of cpdbox.com the website with loads of articles videos lectures discussions and other materials for accountants so if you need to learn some accounting concept pass your exam get answer to some of your questions youre very welcome to check out cpdbox.com so ifrs 2 has been issued in 2004 with later amendments the objective of ifrs 2 is to specify the financial reporting by an entity when it undertakes a share-based payment transaction so the entity shall reflect the effect of these transactions in its profit or loss or statement or financial position so what is a share based payment transaction it is a transaction in which the entity receives goods or services from the sup