Required subscriptions
- US GAAP
This Roadmap provides an overview of the guidance in ASC 480-10 as well as insights
into and interpretations of how to apply it in practice. ASC 480-10 requires (1)
issuers to classify certain types of shares of stock and certain share-settled
contracts as liabilities or, in some circumstances, as assets and (2) SEC
registrants to classify certain types of redeemable equity instruments as temporary
equity.
The 2022 edition of the Roadmap includes updated and expanded
guidance that reflects, among other changes, amendments made by ASU 2020-06 to ASC
260 under which an entity, when calculating diluted earnings per share, may no
longer overcome the presumption of share settlement for a contract that may be
settled in stock or cash.