Question: CullumberInc. established a share appreciation rights (SARs) program on January 1, 2020, which entitles executives to receive cash at the date of exercise for the

CullumberInc. established a share appreciation rights (SARs) program on January 1, 2020, which entitles executives to receive cash at the date of exercise for the difference between the shares' fair value and the pre-established price of $22on5,600SARs. The required service period is two years. The shares' fair value is $25per share on December 31, 2020, and $39per share on December 31, 2021. The SARs are exercised on January 1, 2022.

CalculateCullumber's compensation expense for 2020 and 2021 assuming it follows ASPE.

Would the accounting for the SARs program differ ifCullumberadopted IFRS?

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