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Induced Conversions of Convertible Debt Instruments

Written on Feb 9, 2024

In December, FASB issued a proposed ASU that helps organizations determine whether a transaction is an induced conversion or an extinguishment. The topic comes from stakeholder questions and was debated by the Emerging Issues Task Force (EITF). Comments are due March 18th.

Read the full proposal here.

Watch the video now!

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