Appendix E — Roadmap Updates for 2023 | DART – Deloitte Accounting Research Tool

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Appendix E — Roadmap Updates for 2024

The table below summarizes the substantive changes made in the 2024 edition of this Roadmap.

Section	Title	Description
2.3.2.5	Pushdown of Parent Debt to a Subsidiary	Added guidance on the pushdown of interest expense in a subsidiary’s separate financial statements.
3.4.2.1	Background	Included guidance on when the allocation methods apply to debt issued with other instruments.
3.4.3.1	Fair Value Exceeds Debt Proceeds	Added Connecting the Dots to address the application of the guidance to instruments whose fair value exceeds the proceeds received.
3.4.3.2	Debt With Detachable Warrants	Simplified discussion and added considerations related to the separate accounting for other transaction elements.
5.2	Qualifying Debt Issuance Costs	Added Connecting the Dots that provides the SEC staff’s view on costs incurred to obtain audited financial statements.
6.2.5.3	PIK Interest	Updated guidance on the accounting for PIK interest.
8.2.2.3	Equity Conversion Features	Added guidance on the unit of account for embedded derivative features.
8.2.2.4	Redemption Features	Added Connecting the Dots to address the evaluation of certain call options.
10.3.3.2.2	Cash Flows of New Debt	Clarified guidance on additional borrowings and prepayments made in conjunction with a modification of debt; also enhanced Example 10-3.
11.2.2	Foreclosures and Repossessions	Revised guidance on settlements of nonrecourse loans.
11.4.1.2	Unit of Account	Amended guidance to more comprehensively address the unit of account associated with a debtor’s application of TDR accounting.
11.4.1.5	Related-Party Transactions	Added guidance to address the debtor’s evaluation of whether the creditor is a related party for TDR accounting purposes.
11.4.4.4.2	Subsequent Accounting	Included guidance on contingent payments that expire before the maturity date of restructured debt.
12.2	Scope	Simplified the discussion of the scope of conversion accounting.
12.3	Convertible Debt With No Equity Component	Simplified the discussion of conversion accounting, including (1) amending Connecting the Dots in Section 12.3.2 to address the accounting implications of an issuer’s irrevocable election to settle a conversion partially or fully in cash and (2) adding Changing Lanes in Section 12.3.4.1 to discuss a proposed ASU on the application of induced conversion accounting.
12.4	Convertible Debt With a Bifurcated Embedded Conversion Feature	Simplified the discussion of the accounting for conversion of a debt instrument with a bifurcated embedded conversion option.
14.3.1.3.2	Disclosure	Added guidance on the scope of the disclosures for supplier finance programs.

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This publication provides comprehensive guidance; however, it does not address all possible fact patterns, and the guidance is subject to change. Consult a Deloitte & Touche LLP professional regarding your specific issues and questions.