Entities raising capital by issuing debt instruments must account for those instruments by applying ASC 470 as well as other applicable U.S. GAAP. Key questions to consider when determining the appropriate accounting include:
Confidential and Proprietary — for Use Solely by Authorized Personnel
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.