Business, 24.03.2021 16:30, joejoefofana

ASC 480-10 provides guidance on determining whether (1) certain financial instruments with both debt-like and equity-like characteristics should be accounted for outside of equity (i. e., as liabilities or, in some cases, assets) by the issuer and (2) SEC registrants should present certain redeemable equity instruments as temporary equity. Examples of contracts and transactions that may require evaluation under ASC 480-10 include:

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ASC 480-10 provides guidance on determining whether (1) certain financial instruments with both debt...