[CFM55260] CFM55260 – Holders of convertible or share-linked securities: embedded derivatives which are options: example
This example applies to periods of account beginning on or after 1 January 2005. It concerns a case where a company bifurcates a loan asset under IAS 39 or FRS 26. Bifurcation is not permitted for financial assets under FRS 102 (unless IAS 39 is applied) or IFRS 9. For further details of the accounting permutations see CFM52215.