Convertible Debt (Before Adoption of ASU 2020-06) (April 2021)
- Download the PDF version (available without subscription; not updated after issuance).
- View the active version (subscription required; updated as warranted). For subscribers, links to substantive changes made to the Roadmap since its issuance, if any, will be provided below.
This Roadmap provides an overview of
the requirements in ASC 470-20 related to convertible debt before the amendments
made by ASU 2020-06. It includes our insights into and interpretations of how this
accounting guidance should be applied by entities that have not adopted ASU 2020-06.
The 2021 edition includes updated and expanded guidance as well as On the Radar, a new section that briefly summarizes
emerging issues and trends related to the accounting and financial reporting topics
addressed in the Roadmap.
This Roadmap is intended to help an issuer navigate the guidance,
organize its analysis, and arrive at appropriate accounting conclusions.
This Roadmap replaces the Deloitte Q&As that were contained in
ASC 470. To find the text in the Roadmap that corresponds to a former Q&A,
select the “Convertible Debt” tab at the bottom of the Q&A to Roadmap Quick Reference
Guide and search for the Q&A’s number or title.
Be sure to check out other titles in Deloitte’s Roadmap
series, our comprehensive, easy-to-understand collection of
accounting guides on selected topics of broad interest to the financial reporting
community.