A Roadmap to Distinguishing Liabilities From Equity (July 2019)
- 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 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. Appendix G of the Roadmap highlights new content in the 2019
edition as well as substantive revisions to previous text.
This Roadmap replaces the Deloitte Q&As that were contained in
ASC 480. To find the text in the Roadmap that corresponds to a former Q&A,
select the “Liabilities From Equity” 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.