Financial Accounting Standards Board Improves Convertible Instruments and Contracts in an Entity's Own Equity
August 06, 2020
August 06, 2020
NORWALK, Connecticut, Aug. 6 -- The Financial Accounting Standards Board issued the following news release on August 5:
The Financial Accounting Standards Board (FASB) today issued a new Accounting Standards Update (ASU) expected to improve financial reporting associated with accounting for convertible instruments and contracts in an entity's own equity.
"The ASU is an important step in simplifying a complex area of accounting guidance that has been a frequent sour . . .
The Financial Accounting Standards Board (FASB) today issued a new Accounting Standards Update (ASU) expected to improve financial reporting associated with accounting for convertible instruments and contracts in an entity's own equity.
"The ASU is an important step in simplifying a complex area of accounting guidance that has been a frequent sour . . .