486 / 488
474
Share-based payment:
defi ned,382
tax relief for, 84
Share-Ba sed Payment
(IFRS 2),
5,382-398
cash-settled transactions, 384-
385
deferred tax implications, 387
defi nitions, 382
disclosure, 388-39 1
equity-settled transactions,
383-384
extracts from published
financial statements, 392- 398
IFRIC 8,
Scope of IFRS
2, 6
IFRIC II ,
IFRS
2.
Group and
Treasury Share Transactions.
6,386-387
proposed amendment to, 7, 75
recent IFRS 2 amendments,
39 1- 392
recognition, 382-383
transactions that can be settled
for shares or cash, 385-386
Short-term
receivables/payables, 252
SIC, see Standing
Interpretations Committee
Significant influence, 202-203
defined , 177, 202
loss of, 198, 204
Singapore:
IFRS adoption by, I
national standards of, 363
Slovak ia, IFRS adoption by, 1
Slov enia, IFRS adoption by, 1
Small and Medium-Sized
Entities (proposed IFRS), 6
South Africa, IFRS adoption
by,
I
South Korea , IFRS adoption
by,
1
Spain, IFRS adoption by, 1
Special-purpose entities (SPEs),
4,197,247
Split accounting, 226-228
Spot rate:
defin ed, 159
recording at, 160
Sri Lanka, IFRS adoption by, 1
Stable platform of Standards,S
Stage of completion, for
construction contracts, 70
Index
Standards Advisory Council
(SAC), 6
Standing Interpretations
Committee (SIC), 3, 4
Statement of changes in equity,
19,24,300
Statement of comprehensive
income, 24
Statement of financial position,
24
Step acquisitions, 410
Subsidiaries, 193-195
defined, 193
disposal of, 42
of first-time IFRS adopters,
369
Swaps, on cash flow statement,
42
Sweden, IFRS adoption by, 1
T
Tajikistan, IFRS adoption by, 1
Tanzania, IFRS adoption by, 1
Taxes:
income, 82. See also
Income
Taxes
(lAS 12);
Income
Taxes- Changes in the Tax
Status ofan Entity or Its
Shareholders
(SIC 25);
Income Taxes-Recovery of
Revalued Nondepreciable
Assets
(SIC 21)
and resta tement of financial
statements, 212-213
Taxable temporary differences,
77
Tax base, 77, 78
Temporary differences:
from adj ustments on
consolidation, 80
from consolidated financial
statements, 80-8 1
deductibl e, 77, 82
and deferred taxes, 79
defined, 77
not recognized for deferred tax,
81- 82
taxable, 77
Theoretical ex-rights fair value,
289
Transaction costs, 251
Transfers of financial assets,
244-246,348-349
Treasury shares, 230
Treasury stock method, 291
Trinidad and Tobago, IFRS
adoption by, 1
True and fair override, 15
Trustees of IASC Foundation,S
Turkey, IFRS adoption by, 1
U
Ukraine, IFRS adoption by, 1
Unders ta ndability of financial
sta tements , 9
United Arab Emirates, IFRS
adoption by, 1
United Kingdom, IFRS
adoption by, 1
United States, local accounting
sta nda rds in, 2
Uruguay, IFRS adoption by, 1
Useful life:
defined,108, 331
and depreciation, 111-112
of intangible assets, 337-338
US Generally Accepted
Accounting Principles (US
GAAP),2
and adoption of IFRS , 362
comparing IASB standards to,
52
differe nce between IFRS and,
105
v
Valuation:
of inventory , 28
techniques for, 258
Value-in-use, 304, 306
Variations:
in construction contracts, 68,
69
defined, 67
Venezuela, IFRS adoption by, 1
Venturers, 215
Vested benefits, 187
Vesting conditions, for share–
based payments, 391
W
Warranty obligations, 223
Web site development costs, 4,
336
Weighted-average cost method,
39-31