Yellow cabs waiting for green light on the crossroad of streets of New York City during sunny summer daytime

Comment Letter - FASB’s proposal to simplify an issuer’s accounting for debt and equity instruments


Overview

In our comment letter, we generally support the FASB’s simplification initiative and applaud the Board’s efforts to reduce the cost and complexities associated with the current guidance on accounting for convertible instruments and contracts in an entity’s own equity. We also recommend ways to further clarify certain aspects of the proposal.

Download PDF