Genuine Learning Blog: ASU 2024-04

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Introducing our latest GLS nano training on ASU 2024-04: Induced Conversions of Convertible Debt Instruments!
Learn what changes this new guidance brings! Including:
đź§© Clarity on the Scope: Find out which transactions truly fall under this updated guidance.
đź’° Why Form and Amount Matter: Cash, equity, or a mix? The updated guidance has all the answers you need.
💡 Bonus: We’ll dive into a practical example from the new guidance to bring it all to life.
Ready to learn? Let’s make ASU 2024-04 one less thing on your “to-debit” list.



 

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.

With extensive experience in auditing and technology, Peter serves as an Audit Training Facilitator at Galasso Learning Solutions. His expertise in auditing healthcare companies, employee benefit plans, and private companies with complex transactions has made him a key contributor to the development of technical accounting training programs.

Before joining GLS, Peter worked at a Big 4, specializing in auditing healthcare companies in both public and private sectors. He later transitioned to an Internal Audit role at a Fortune 500 company before returning to public accounting at a national firm, where he focused on audits involving business combinations, asset acquisitions, GAAP to IFRS conversions, and technology implementations.

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In this episode, Melisa Galasso breaks down a targeted FASB proposal impacting fair value measurement for a narrow group of investment companies. Find out who is affected, what the change means, and key deadlines for feedback.
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