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CA Final Ind AS 102 Share Based Payment — practice questions

Explore 60 free Ind AS 102 Share Based Payment questions in CA Final Financialreporting. Open each question or exercise to read its content, reference answers and available explanation.

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Ind AS 102 Share Based Payment questions and exercises with answers

Showing questions 1–30 of 60.

Continuing: at end of Y2, 91% vested. Compute Y2 expense.Read the answer and worked solution →Which Indian Accounting Standard prescribes accounting for share-based payment?Read the answer and worked solution →Besides equity and cash settlement, Ind AS 102 covers which third kind?Read the answer and worked solution →In an equity-settled payment, the entity pays usingRead the answer and worked solution →A cash-settled share-based payment creates which obligation?Read the answer and worked solution →A discounted rights issue to all holders of an equity class isRead the answer and worked solution →Under Ind AS 102, the term goods includes which items?Read the answer and worked solution →Services received in an equity-settled transaction are matched by a credit toRead the answer and worked solution →Goods or services that do not qualify for recognition as assets are recognised asRead the answer and worked solution →Services that are consumed immediately are typically expensed when they areRead the answer and worked solution →Equity-settled deals are first measured directly at fair value of theRead the answer and worked solution →If services cannot be valued reliably, the base is theRead the answer and worked solution →For employee share options, the measurement date is theRead the answer and worked solution →For non-employee suppliers, the entity measures fair value at the date itRead the answer and worked solution →For parties other than employees, the fair value of goods or services received is presumed to beRead the answer and worked solution →Options that vest immediately are recognisedRead the answer and worked solution →Options conditional on three years of service are expensed overRead the answer and worked solution →A target share price needed for vesting is a market condition and is included inRead the answer and worked solution →An employee serves the full period but the target share price is never reached. The expense isRead the answer and worked solution →A non-vesting condition is not met but the employee completes the service. The expense isRead the answer and worked solution →A reload feature in an option is, at grant, treated asRead the answer and worked solution →After vesting date, total equity recognised for vested options isRead the answer and worked solution →If vested options lapse unexercised, the equity credit may be moved toRead the answer and worked solution →Cutting the exercise price of granted options (repricing) is an example of aRead the answer and worked solution →After a modification, the entity must recognise as a minimum the services measured atRead the answer and worked solution →A grant cancelled during the vesting period (not by forfeiture) is treated asRead the answer and worked solution →On cancellation, the amount for the remaining vesting period is recognisedRead the answer and worked solution →A payment to an employee on cancelling a grant, up to fair value, is aRead the answer and worked solution →A cash-settled share-based payment liability is measured atRead the answer and worked solution →Changes in fair value of a cash-settled liability go toRead the answer and worked solution →

Worked practice questions

Continuing: at end of Y2, 91% vested. Compute Y2 expense.

  1. Same as Y1: ₹94,57,500
  2. ₹89,72,500
  3. ₹82,87,500 (= 100 × 1,000 × 195 × 91% × 2/2 − 94,57,500)
  4. ₹1,77,45,000
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Correct answer: C. ₹82,87,500 (= 100 × 1,000 × 195 × 91% × 2/2 − 94,57,500)

Cumulative Y2 expense = 100 × 1,000 × 195 × 91% × 2/2 = ₹1,77,45,000. Y2 incremental = 1,77,45,000 − 94,57,500 (Y1) = ₹82,87,500.

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Which Indian Accounting Standard prescribes accounting for share-based payment?

  1. Ind AS 102
  2. Ind AS 19
  3. Ind AS 109
  4. Ind AS 32
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Correct answer: A. Ind AS 102

Ind AS 102 Share-based Payment sets out how an entity reports transactions paid for with its shares, options or cash linked to share value.

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Besides equity and cash settlement, Ind AS 102 covers which third kind?

  1. Settled only by debentures
  2. A choice of cash or equity
  3. Settled by barter of goods
  4. Settled by bonus shares
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Correct answer: B. A choice of cash or equity

Clause (c) of the scope extends the standard to arrangements where either the entity or the supplier may choose cash or equity settlement.

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More Financialreporting topics

Ind AS 116 LeasesInd AS 36 Impairment of Assets and Ind AS 38 Intangible AssetsInd AS 24 Related Party Disclosures and Ind AS 108 Operating SegmentsInd AS 1 Presentation of Financial StatementsInd AS 12 Income TaxesInd AS 113 Fair Value MeasurementInd AS 109 Financial InstrumentsInd AS 23 Borrowing Costs and Ind AS 40 Investment Property