On 17 January 2008, the International Accounting Standards Board issued Vesting Conditions and Cancellations (Amendments to IFRS 2). The amendments have an effective date of 1 January 2009, but earlier adoption is permitted.
About the project
The amendment deals with two matters. It clarifies that vesting conditions are service conditions and performance conditions only. Other features of a share-based payment are not vesting conditions. It also specifies that all cancellations, whether by the entity or by other parties, should receive the same accounting treatment.
