Explain the difference between IFRS and U.S. GAAP presentation for bonds that can be converted by investors into stock
A convertible bond is in some ways similar to debt, but because it will become stock if converted, it also has the characteristics of equity. Under IFRS, an item such as this must be separated into two parts and one portion shown in the Liability category and another in the Stockholders' Equity category.
U.S.GAAP does not require such an item to be recorded as a separate amount. It is recorded as either a liability or an amount in stockholders' equity.
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In terms of source characteristics, expertise can be valuable in persuasive advertisements designed to change the audience's opinions or attitudes
Indicate whether the statement is true or false
We can lead ourselves to the most desired accomplishments by:
a. focusing on thinking patterns (mental) b. focusing on physical action (behavior) c. combining both the mental and physical level of influence d. not focusing on either of these
The maturities of commercial paper generally range from:
A. one month to nine months. B. 10 months to 12 months. C. one year to three years. D. one year to 10 years. E. five years to 10 years.
You have just won $50,000 on your Scratch and Win ticket, but you won't be awarded the money until your 40th birthday, 20 years from now. If the appropriate discount rate is 15%, what is the present value of your winnings?
A) $3,055.01 B) $3,513,27 C) $2,656.53 D) $3,048.78 E) $3,067.49