Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.
Per paragraph .23 of Section 3856, Financial Instruments, when an entity issues retractable or mandatorily redeemable shares in a tax planning arrangement (RoMRS), it may choose to present those shares at par, stated or assigned value as a separate line item in the equity section of the Balance Sheet only when certain conditions are met: