NEW YORK, Dec. 3 /PRNewswire/ -- Deloitte has issued a new point of view, "A Closer Look at Share-Based Payment Plans and IFRS, Accounting Differences That Matter," which examines potential effects that a transition to IFRS can have on share-based payment awards, and also offers information that can help companies as they determine necessary changes or enhancements.

The paper addresses key issues and differences that companies should consider focusing on as it relates to share-based payment awards, including: classification of share-based payments; measurement and recognition of the share-based payment expense; the calculation of deferred tax assets and effective tax rate; and information systems to track share-based payment reporting at different levels.

"As part of conversion and adoption efforts from U.S. GAAP to IFRS, companies need to understand the nuances of IFRS including what it may mean for share-based payment plans and administration," said D.J. Gannon, partner, Deloitte & Touche LLP and national leader of Deloitte's IFRS Center of Excellence.

"By making an assessment, companies can identify differences in compensation expense and understand the role fluctuating share prices may play on effective tax rate volatility, which can help finance and tax personnel determine the resources and tools needed to support a successful transition to IFRS."

"A Closer Look at Share-Based Payment Plans and IFRS, Accounting Differences That Matter" is available at no cost via Deloitte's web site at http://www.deloitte.com/us/ifrs/closerlook For more information on Deloitte's IFRS services and capabilities, please visit: http://www.deloitte.com/us/ifrs

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As used in this document, "Deloitte" means Deloitte & Touche LLP and Deloitte Services LP, which are separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

SOURCE Deloitte

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