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Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had been made • Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5% • January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date • December 31 20X6: actual employees leaving 5% Requirement: Provide all the entries from 20x4 to 20x

Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had been made • Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5% • January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date • December 31 20X6: actual employees leaving 5% Requirement: Provide all the entries from 20x4 to 20x

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ashleigh, a public limited company, has granted share options to its employees with a fair value of P6 million. The
options vest in three years' time. The Monte-Carlo model was used to value the options, and these estimates had
been made
• Grant date (January 20X4): estimate of employees leaving the entity during the vesting period – 5%
• January 1, 20X5: revision of estimate of employees leaving to 6% before vesting date
• December 31 20X6: actual employees leaving 5%
Requirement: Provide all the entries from 20x4 to 20x6.

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