IFRS 2 Share-based Payment In February 2004 the International Accounting Standards Board

(Board) issued IFRS 2 Share-based Payment. The Board amended IFRS 2 to clarify its scope in
January 2008 and to incorporate the guidance contained in two related Interpretations (IFRIC 8
Scope of IFRS 2 and IFRIC 11 IFRS 2—Group and Treasury Share Transactions) in June 2009. In
June 2016 the Board issued Classification and Measurement of Share-based Payment
Transactions (Amendments to IFRS 2). This amended IFRS 2 to clarify the accounting for (a) the
effects of vesting and non-vesting conditions on the measurement of cash-settled share-based
payments; (b) share-based payment transactions with a net settlement feature for withholding
tax obligations; and (c) a modification to the terms and conditions of a share-based payment
that changes the classification of the transaction from cash-settled to equity-settled. Other
Standards have made minor consequential amendments to IFRS 2. They include IFRS 10
Consolidated Financial Statements (issued May 2011), IFRS 11 Joint Arrangements (issued May
2011), IFRS 13 Fair Value Measurement (issued May 2011), Annual Improvements to IFRSs
2010–2012 Cycle (issued December 2013), IFRS 9 Financial Instruments (issued July 2014),
Amendments to References to the Conceptual Framework in IFRS Standards (issued March
2018) and Definition of Material (Amendments to IAS 1 and IAS 8) (issued October 2018).