BDO publishes update to IFRS In Practice 2022/2023 - Accounting for convertible notes

BDO has published the 2022/2023 update to IFRS In Practice - Accounting for Convertible Notes. This publication sets out BDO's views on the application of IAS 32 and IFRS 9 to many complex fact patterns. It also includes a useful practice aid for classifying components of financial instruments - a classification flowchart.