On the Radar — Convertible Debt (Before Adoption of ASU 2020-06)

Published on: 03 Apr 2023

An entity that raises capital by issuing a convertible debt instrument must apply complex financial reporting requirements in U.S. GAAP. To properly account for such an instrument, an entity must consider key questions related to the appropriate unit of account and accounting model, the subsequent recognition and measurement of the debt, the accounting for modifications or settlement of the instrument, and the required financial statement disclosures.

The On the Radar is available on the Deloitte Accounting Research Tool Web site.

On the Radar — Convertible Debt (Before Adoption of ASU 2020-06) Image

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