AERA Platform / IFRS Compliance Suite
IFRS Compliance Suite

IFRS 2 Share-based Payment

Manage equity compensation end-to-end. Plan design, grant-date fair value (Black-Scholes, binomial), vesting schedules, expense recognition over the service period, modifications, exercises, and full disclosure — all in one integrated module.

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A IFRS 2 — Share-based Payment Dashboard + Plan Active plans 5 3 equity · 2 cash Outstanding grants 1.2M options / units P&L expense FY 2026 € 840K Cumulative: € 2.4M Avg fair value/option € 4.82 Next vesting event Jun 30 Tranche 2 — LTIP 2024 Plan timeline — vesting schedule 2023 2024 2025 2026 2027 Today LTIP 2023 — Stock Options T1 vested T2 vested T3 due LTIP 2024 — RSU (Graded) T1 vested T2 Jun 30 T3 2027 Phantom Stock 2025 — Cash-settled Cliff 1Y Settle 2027 ESPP 2026 — Employee Share Purchase Open Purchase Dec Expense recognition — cumulative € thousands 0 1,000 2,000 3,000 Q1'25 Q2'25 Q3'25 Q4'25 € 2,400K LTIP 2023 LTIP 2024 Phantom
Equity compensation, fully automated
From plan design to P&L expense and disclosure, AERA covers every aspect of IFRS 2 accounting with precision and transparency.
Valuation

Grant-date fair value with Black-Scholes and binomial models

Calculate option fair value at grant date using Black-Scholes-Merton or binomial lattice models. All inputs documented for audit — share price, exercise price, expected volatility, risk-free rate, expected dividend yield, and expected term.

  • Black-Scholes-Merton for European-style options
  • Binomial lattice for American-style with early exercise
  • Monte Carlo for market-condition vesting (TSR-based)
  • Historical volatility calculator from share price series
Fair value calculation — LTIP 2024 RSU Calculate Model inputs Black-Scholes-Merton Share price at grant € 24.50 Exercise price € 22.00 Expected volatility 32.5% Risk-free rate 3.10% Expected dividend yield 1.80% Expected term 4.5 years Forfeiture estimate 8.0% Fair value result € 4.82 per option at grant date Grant: 250,000 options · Total FV: € 1,205,000 Option Greeks Delta (Δ) 0.672 Gamma (Γ) 0.038 Vega (ν) 8.42 Theta (Θ) -0.89 Sensitivity: ±5% volatility → FV range € 4.12 – € 5.58 Run sensitivity →
Vesting

Vesting schedule with tranche-level tracking

Track cliff and graded vesting schedules. Each tranche is independently managed — monitoring service conditions, performance targets (financial and non-financial), and market conditions. Visual waterfall shows how options move from granted to vested to exercised.

  • Cliff, graded, and immediate vesting support
  • Service, performance (financial/non-financial), and market conditions
  • True-up mechanism for non-market condition forfeitures
  • Probability-weighted outcome for performance conditions
Grant waterfall — LTIP 2023 Stock Options 0 250K 500K 750K 750K Granted -105K Forfeited 430K Vested -145K Exercised 500K Outstanding Tranche 3 (250K options) vesting Mar 2027 · 73% probability estimate
Expense

Expense recognition over the service period

Automatic allocation of share-based payment expense across each reporting period. Graded vesting accelerates front-loaded recognition per IFRS 2.IG11. Quarterly true-up for forfeiture rate changes with full P&L impact analysis.

  • Straight-line for cliff vesting, accelerated for graded
  • Automatic quarterly true-up for non-market forfeitures
  • Cash-settled plans remeasured at each reporting date
  • P&L expense split by plan type with journal entry output
Quarterly expense breakdown — FY 2026 0 €100K €200K €300K Q1 € 230K Q2 € 248K Q3 € 202K Q4 € 160K LTIP Stock Opt. RSU Phantom (cash) FY Total: € 840K
Modifications

Plan modification with incremental fair value

When terms change — repricing, accelerated vesting, cancellation and replacement — AERA recalculates the incremental fair value per IFRS 2.B43-B44 and adjusts expense recognition. Side-by-side comparison of original vs modified terms.

  • Repricing with incremental FV calculation
  • Accelerated vesting with remaining expense recognition
  • Cancellation and replacement as single transaction
  • Full audit trail of modification rationale and approval
Modification — LTIP 2023 repricing Pending approval Original terms Exercise price € 28.00 FV at grant date € 5.20 FV at modification date € 2.10 Remaining vesting 18 months Remaining expense € 420,000 Options deeply underwater (€24.50 vs €28.00) Modified terms New exercise price € 22.00 FV with new terms € 4.82 Incremental FV € 2.72 Remaining vesting 18 months Incremental expense € 680,000 Options back in-the-money (€24.50 vs €22.00) P&L impact of modification Original expense continues € 420,000 over 18m Plus incremental expense (IFRS 2.B43) + € 680,000 over 18m € 1.1M Total P&L
Exercise

Exercise and settlement management

Track option exercises, RSU settlements, phantom stock cash payments. Automatic journal entry generation for equity-settled (equity credit) and cash-settled (liability derecognition). Support for net settlement and cashless exercise.

  • Full, partial, net settlement, and cashless exercise
  • Automatic equity vs liability derecognition
  • Tax withholding calculation for restricted stock
  • Intrinsic value tracking at exercise date for disclosure
Grant lifecycle — all plans 1.2M total granted Unvested 500K (42%) Vested 380K (32%) Exercised 195K (16%) Forfeited 125K (10%) Recent exercises M. Rossi — 25,000 opts Full exercise · €24.50 share · €22.00 strike Gain: € 62,500 · Mar 18, 2026 L. Bianchi — 40,000 RSU Net settlement · 28% tax withholding Shares issued: 28,800 · Mar 12, 2026 G. Verdi — 15,000 phantom Cash settlement · FV at settlement: €5.10 Cash paid: € 76,500 · Feb 28, 2026 View all exercises →
Disclosure

Automated IFRS 2 disclosure package

Generate the complete IFRS 2 disclosure — plan descriptions, outstanding option reconciliation, weighted average exercise prices, fair value assumptions, expense recognized — in auditor-ready format with version control.

  • IFRS 2.45 — outstanding options/rights reconciliation table
  • IFRS 2.47 — fair value assumptions and model inputs
  • IFRS 2.51 — total expense recognized by settlement type
  • Export to PDF, Excel, and XBRL with audit annotations
IFRS 2 disclosure summary — FY 2026 Generate PDF Outstanding options (IFRS 2.45) Opening 1,050,000 Granted 350,000 Exercised (195,000) Forfeited / Expired (5,000) Closing 1,200,000 Weighted avg exercise price Opening WAEP € 23.40 Granted at € 22.00 Exercised at € 20.50 Closing WAEP € 23.10 Total expense (IFRS 2.51) Equity-settled plans € 620,000 Cash-settled plans € 220,000 Total IFRS 2 expense € 840K Credit: Equity reserve € 620K · Liability € 220K Key assumptions (IFRS 2.47) Valuation model Black-Scholes Volatility range 28% – 35% Risk-free rate range 2.8% – 3.5% Expected term range 3.5 – 5.0 years Forfeiture estimate 6% – 10%
See it in action
A walkthrough of the IFRS 2 module — from plan design through Black-Scholes valuation to expense recognition and disclosure.
Video coming soon
5
Active plans
1.2M
Options outstanding
€ 840K
Annual expense
Auto
Journal entries
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