Hi John,
In Chapter 11 for Finanical instruments, in Example 3 of convertible debentures:
The balancing figure in Equity after dicounting the cash out flow, shouln't it be shown in the SFP as well? The amount is $5.7M.
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Convertible debentures
3y ago#1Hi,
Yes, the difference between the proceeds and the initial value of the liability is recognised as an other component of equity on the SFP.
Thanks
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