
Podcast: Unpacking the FASB's convertible debt proposed ASU
KPMG Financial Reporting podcast
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Navigating the Complexities of Convertible Debt Accounting
This chapter explores the intricacies of accounting for convertible debt instruments and the challenges in establishing proper practices. It also discusses a proposed FASB solution using a pre-existing contract approach to clarify induced conversion accounting, illustrated with a practical example.
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