At its January 30, 2019, meeting, the FASB (1) ratified an EITF consensus and (2) held an educational session on distinguishing liabilities from equity (including convertible debt).
Ratification of EITF Consensus
The FASB ratified the EITF consensus reached at the January 2019 EITF meeting on Issue 18-B, “Improvements to Accounting for Episodic Television Series,” and directed its staff to draft an ASU for a vote by written ballot.
Distinguishing Liabilities From Equity (Including Convertible Debt)
During this educational session, the Board discussed “(a) disclosures for convertible instruments, (b) determining whether instruments are indexed to, and settled in, an entity’s own stock within the context of the derivative scope exception and related disclosure, and (c) earnings per share.”