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CONVERSION

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › CONVERSION

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by LMR1006.
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  • May 31, 2024 at 12:27 pm #706308
    salih@212
    Participant
    • Topics: 9
    • Replies: 0
    • ☆

    SIR IS THERE ANY FINANCE RAISED WHEN THE CONVERSION TAKE PLACE
    AND HOW IS IT WORKS

    May 31, 2024 at 7:19 pm #706321
    LMR1006
    Keymaster
    • Topics: 4
    • Replies: 1512
    • ☆☆☆☆☆

    Whilst conversion itself does not raise new finance, it alters the company’s financial structure by reducing debt and increasing equity, potentially improving the company’s ability to raise finance in the future.

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