Using Q&As and examples, KPMG provides interpretive guidance on debt and equity financings. This March 2023 edition incorporates guidance on the disclosure of supplier finance program obligations (ASU 2022-04), plus other new and updated interpretations.
Applicability
- All entities
Relevant dates
- Effective immediately
Report contents
- Roadmap to the guidance
- Debt
- Troubled debt restructurings (TDRs), debt modifications and extinguishments
- Equity
- Distinguishing liabilities from equity
- SEC guidance on redeemable equity-classified instruments
- Contracts in an entity’s own equity (before adoption of ASU 2020-06)
- Contracts in an entity’s own equity (after adoption of ASU 2020-06)
- Hybrid instruments with embedded features
- Convertible instruments (before adoption of ASU 2020-06)
- Convertible instruments (after adoption of ASU 2020-06)
- Comprehensive examples
- Effective dates and transition
Related content
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