• BDO releases publication: IFRS in Practice 2021/2022 — Accounting for convertible notes
Publication:

BDO has released publication: IFRS in Practice 2021/2022 — Accounting for convertible notes.

26 March 2021

BDO has released publication: IFRS in Practice 2021/2022 — Accounting for convertible notes.

Convertible notes are a very common form of financing used by companies to raise capital. These convertible notes often contain dozens of different clauses, terms and conditions, which may significantly affect how the notes are accounted for in accordance with IFRS, including the important distinction between a financial liability and equity. BDO’s IFRS In Practice publication includes dozens of examples explaining how convertible notes should be accounted for including numerous flowcharts and practice aids, which summarise the requirements of IAS 32 and IFRS 9.

The publication may be accessed below. If you have any questions please Contact Us

 

Source BDO Global