skip to content

Retractable or Mandatorily Redeemable Shares Issued in a Tax Planning Arrangement (RoMRS)

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:

Read the document


BDO can help you navigate the road ahead

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.

Contact us today to start the conversation

This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.

Accept and close