At the beginning of year 1, IG6 Company (IG6) grants 10,000 share options with a ten-year life to each of ten senior executives. The share options will vest and become exercisable immediately if and when the entity's share price increases from $50 to $70, provided that the executive remains in service until the share price target is achieved. The company applies an option pricing model, which takes into account the possibility that the share price target will be achieved during the tenyear life

Answer rating: 100% (QA)

Under IFRS 2 par 15b If an employee is granted share options conditional upon the achievement of a p... View the full answer