Wiley GAAP 2020

34ASC 470 DEBT

• Perspective and Issues
  • Subtopics
  • Scope and Scope Exceptions
    • ASC 470-20
    • ASC 470-30
    • ASC 470-40
    • ASC 470-50
    • ASC 470-60
  • Overview
• Definitions of Terms
• Concepts, Rules, and Examples
  • ASC 470-10, Overall
    • Due on Demand Loans
    • Short-term Obligations Expected to Be Refinanced
    • Example of Short-Term Obligations to Be Refinanced
    • Callable Debt
    • Increasing-Rate Debt
    • Subjective Acceleration Clauses
    • Debt with Covenants
    • Revolving Credit Agreements
    • Indexed Debt
  • ASC 470-20, Debt with Conversion and Other Options
    • Convertible Debt—Overall
    • Commitment Date
    • General Subsection
    • Example of Accounting for a Bond with a Detachable Warrant
    • Debt Issued with Both Conversion Features and Stock Warrants
    • Example of Convertible Debt Issued with Stock Warrants
    • Convertible Debt without Beneficial Conversion
    • Example of Conversion of Convertible Debt without Beneficial Conversion
    • Convertible Securities with Beneficial Conversion Features
    • Accounting Treatment of Beneficial Conversion Features
    • Instruments Paid-in-Kind
    • Instruments Issued as a Repayment for Nonconvertible Instrument
    • Derecognition
    • Contingent Conversion
    • Example 1: Intrinsic Value of a Conversion Feature—Fixed Dollar Terms
    • Example 2: Intrinsic Value of a Conversion Feature—Variable Terms
    • Example 3: Intrinsic Value of a Conversion Feature—Contingent Price Terms
    • Example 4: Intrinsic Value of a Conversion Feature—Contingent Conversion
    • Example 5: Intrinsic Value of a Conversion Feature—Contingent Conversion with Variable Terms
    • Example ...