Deloitte
Accounting Research Tool
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Chapter 4 — Initial Recognition and Measurement of Debt

4.2 Recognition Date

4.2 Recognition Date

In practice, debt liabilities are initially recognized on the settlement date (i.e., the date on which the debtor receives the related proceeds such as cash or other financial or nonfinancial assets) as opposed to the date on which the debt is priced or the parties enter into a binding agreement to issue it.