Complex accounting rules address the measurement and classification of detachable (or freestanding) warrants, convertible debt, and convertible or redeemable preferred stock. Recently, Robert Dyson explained the application of some of those complex rules in “Freestanding Warrants and Embedded Conversion Options,” an article in the April, 2007 edition of The CPA Journal. The article is available here.
Mr. Dyson is a CPA and a managing director with RSM McGladrey, Inc. RSM McGladrey Inc. and McGladrey & Pullen LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs. |
