Comment Letter - FASB’s proposal to simplify an issuer’s accounting for debt and equity instruments

14 Oct 2019 PDF
Subject AccountingLink
Publications Comment Letters


In our comment letter, we generally support the FASB’s simplification initiative and applaud the Board’s efforts to reduce the cost and complexities associated with the current guidance on accounting for convertible instruments and contracts in an entity’s own equity. We also recommend ways to further clarify certain aspects of the proposal.

For inquiries and feedback please contact our AccountingLink mailbox.