Description
Gain a better understanding of accounting for debt, equity warrants, distinguishing liabilities, and classification.
The topic encompasses the fundamentals of debt and equity instruments, distinguishing liabilities from equity instruments, and the new guidance for convertible debts. We will follow accounting for warrants that companies may issue in conjunction with debt instruments, including their different types and their classification as debt, equity, or derivative as an exemplar.
Date: 2023-06-28 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to discuss the basics of accounting for debt and equity instruments.
* You will be able to describe the different types of debt instruments.
* You will be able to explain how to distinguish liabilities from equity instruments.
* You will be able to review the new guidance for convertible debts.
Debt Instruments
• Definition of Debt Instruments
• Measurement of Debt Instruments
• Types of Debt Instruments
• Debt Instruments With Warrants
• Redeemable Warrants
• Detachable Warrants
• Embedded Derivatives
• Accounting for Warrants
• Accounting for Hybrid Debt Instruments
Equity Instruments
• Definition of Equity Instruments
• Components of Equity Instruments
• Stock Dividends and Stock Splits
Distinguishing Liabilities From Equity Instruments
• Stock Compensation Awards
• Classification of Instruments as Equity (ASC 470)
• Classification of Instruments as Liabilities (ASC 480)
• Classification of Instruments as Derivatives (ASC 815)
• Embedded and Free-Standing (Detachable) Financial Instruments
• Conditional and Mandatory Redeemable Financial Instruments
Convertible Debt Instruments (the New Guidance ASU 2020-06)
• Instruments With Cash Conversion Feature (CCF)
• Instruments With Beneficial Conversion Feature (BCF)
• Instruments With a Substantial Premium
• Instruments With Embedded Derivatives
• EPS Calculation
AIPB ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Josef Rashty, CPA-Josef Rashty, CPA
