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Chapter 2 — Scope

2.1 Overview

2.1 Overview

This chapter provides an overview of the types of contracts and transactions that are within the scope of ASC 470-20 (see Section 2.2) and discusses specific scope considerations related to the following:
  • Embedded derivatives (see Section 2.3).
  • Share-settled redemption or indexation features (see Section 2.4).
  • The fair value option (see Section 2.5).
  • Temporary equity (see Section 2.6).
  • Debt that can be exchanged for another entity’s stock (see Section 2.7).
  • Convertible instruments issued to nonemployees for goods or services (see Section 2.8).