BDO Comment Letter - Derivatives and Hedging Put and Call Options in Debt Instruments
Proposed Accounting Standards Update (ASU), Derivatives and Hedging – Contingent Put and Call Options in Debt Instruments (Topic 815) (File Reference No. EITF-15E)
BDO agrees with the clarification that only four steps are needed to determine if a put or call option should be bifurcated. We also recommend clarifying how to identify puts or calls for that purpose.