IFRS 2: Share Based Payment

IFRS 2 Share-based Payment requires an entity to recognize share-based payment transactions (such as granted shares, share options, or share appreciation rights) in its financial statements, including transactions with employees or other parties to be settled in cash, other assets, or equity instruments of the entity.

IFRS 2 is an international financial reporting standard issued in February 2004. by the International Accounting Standards Board (IASB) to provide guidance on the accounting for share-based payments.

A non-vesting condition is any condition that does not determine whether the entity receives the services that entitle the counterparty to receive cash, other assets, or equity instruments of the entity under a share-based payment arrangement.