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Basics of Accounting for Debt and Equity Instruments - Webinar (Recorded)

  • Webinar

  • 100 Minutes
  • June 2023
  • Lorman Business Center, Inc.
  • ID: 5780983

Gain a better understanding of accounting for debt, equity & warrants, distinguishing liabilities, and classification.

The topic encompasses the fundamentals of debt and equity instruments, distinguishing liabilities from equity instruments, and the new guidance for convertible debts. We will follow accounting for warrants that companies may issue in conjunction with debt instruments, including their different types and their classification as debt, equity, or derivative as an exemplar.

Learning Objectives

  • You will be able to discuss the basics of accounting for debt and equity instruments.
  • You will be able to describe the different types of debt instruments.
  • You will be able to explain how to distinguish liabilities from equity instruments.
  • You will be able to review the new guidance for convertible debts.

Agenda

Debt Instruments
  • Definition of Debt Instruments
  • Measurement of Debt Instruments
  • Types of Debt Instruments
  • Debt Instruments With Warrants
    • Redeemable Warrants
    • Detachable Warrants
    • Embedded Derivatives
  • Accounting for Warrants
  • Accounting for Hybrid Debt Instruments
Equity Instruments
  • Definition of Equity Instruments
  • Components of Equity Instruments
  • Stock Dividends and Stock Splits
Distinguishing Liabilities From Equity Instruments
  • Stock Compensation Awards
  • Classification of Instruments as Equity (ASC 470)
  • Classification of Instruments as Liabilities (ASC 480)
  • Classification of Instruments as Derivatives (ASC 815)
  • Embedded and Free-Standing (Detachable) Financial Instruments
  • Conditional and Mandatory Redeemable Financial Instruments
Convertible Debt Instruments (the New Guidance ASU 2020-06)
  • Instruments With Cash Conversion Feature (CCF)
  • Instruments With Beneficial Conversion Feature (BCF)
  • Instruments With a Substantial Premium
  • Instruments With Embedded Derivatives
  • EPS Calculation

Speakers

  • Josef Rashty, CPA
  • Mr Josef Rashty, CPA,
    Certified Public Accountant and a Ph.D. candidate ,
    Golden Gate University


    • Certified Public Accountant and a Ph.D. candidate
    • Started his career in public accounting with Arthur Andersen and has worked for over 25 years with Silicon Valley technology companies as a financial executive
    • Taught accounting as an adjunct professor and lecturer of accounting with a few universities in the Bay Area for the past ten years
    • Published over 60 articles on contemporary accounting issues in several accounting professional journals; the list of these publications and PDF copies are available at his website https://josefrashty.com
    • Published “Implications of Pushdown Accounting” in March 2018 in The CPA Journal (a New York Societies of CPAs publication) - https://josefrashty.com/uploads/3/4/1/9/34190589/2018-3_pushdown-tcpaj.pdf
    • Regularly publishes CPE accounting articles for Today’s CPA (a Texas Society of CPAs publication) and CPAFocus (an Oklahoma Society of CPAs publication)
    • He can be contacted at jrashty@josefrashty.com

Who Should Attend

This live webinar is designed for accountants, tax managers, accounts payable professionals, bookkeepers, CFOs, controllers, business managers and owners, presidents, vice presidents, CEOs, and operations managers. .