On 1st January 2015 an entity grants 100 share options to each of its 400 employees. Cash grant is
conditional upon the employee working for the entity until 31/12/2017. During the 3 year period 20%
of the employees leave and entity estimates that no further employees will leave in the 3 year period.
The fair value of the shares as at 1 January 2015 was sh.20.
Required;-
Show how the entity should account for the above transaction during the 3 year period.

Answer rating: 100% (QA)

The detailed ... View the full answer