Wiley GAAP 2023

33ASC 470 DEBT

• Perspective and Issues
  • Technical Alert
  • ASU 2020-06
    • Effective Date
    • Transition Requirements and Related Disclosures
  • Subtopics
  • Scope and Scope Exceptions
    • ASC 470-10
    • 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
    • Debt with Covenants
    • Subjective Acceleration Clauses
    • Revolving Credit Agreements
    • Increasing-Rate Debt
    • Due-on-Demand Loans
    • Callable Debt
    • Short-Term Obligations Expected to Be Refinanced
    • Example of Short-Term Obligations to Be Refinanced
    • Indexed Debt
  • ASC 470-20, Debt with Conversion and Other Options
    • Convertible Debt—Overall
    • Commitment Date
    • Debt Issued with Detachable Stock Warrants
    • 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
    • Derecognition
    • 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
    • Contingent Conversion Rights Triggered by Issuer Call
    • Interest Forfeiture
    • Induced Conversion of Debt
    • Example of Induced Conversion Expense
    • Convertible Instrument as Part of a Share-Based Payment Transaction to a Nonemployee for Goods or Services
    • Own-Share Lending Arrangements Related to a Convertible Debt Issuance ...