The implementation of ias 32 has been effective in resolving two major issues affecting companies when shares are issued payable by installments. The first issue is that each installment is recorded as a separate transaction.
The second issue is that under ias 32, revenue and cash receipts are recorded in one transaction when a payment is made.
From the above, it can be concluded that the implementation of ias 32 has not affected past accounting practice concerning installment issues.