{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/470/50/#00-status","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"470","topic_title":"Debt","subtopic":"470-50","subtopic_title":"Modifications and Extinguishments","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"470-50-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" frame=\"all\" id=\"SL6773134-161705\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><strong class=\"ph b\">Beneficial Conversion Feature</strong></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2020-06/\" class=\"xref\">Accounting Standards Update No. 2020-06</a></td><td class=\"entry\">08/05/2020</td></tr><tr><td class=\"entry\"><a href=\"/glossary/r/#reacquisition-price-of-debt\" class=\"term\" title=\"The amount paid on extinguishment, including a call premium and miscellaneous costs of reacquisition. If extinguishment is achieved by a direct exchange of new securities, the reacquisition price is the total present value of the new securities.\"><span>Reacquisition Price of Debt</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-15-3\" class=\"xref\">470-50-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2024-04/\" class=\"xref\">Accounting Standards Update No. 2024-04</a></td><td class=\"entry\">11/26/2024</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-2\" class=\"xref\">470-50-40-2</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-2A\" class=\"xref\">470-50-40-2A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2018-09/\" class=\"xref\">Accounting Standards Update No. 2018-09</a></td><td class=\"entry\">07/16/2018</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-12\" class=\"xref\">470-50-40-12</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2021-04/\" class=\"xref\">Accounting Standards Update No. 2021-04</a></td><td class=\"entry\">05/03/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-12A\" class=\"xref\">470-50-40-12A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2021-04/\" class=\"xref\">Accounting Standards Update No. 2021-04</a></td><td class=\"entry\">05/03/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-16\" class=\"xref\">470-50-40-16</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2020-06/\" class=\"xref\">Accounting Standards Update No. 2020-06</a></td><td class=\"entry\">08/05/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-17\" class=\"xref\">470-50-40-17</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2020-03/\" class=\"xref\">Accounting Standards Update No. 2020-03</a></td><td class=\"entry\">03/09/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-17A\" class=\"xref\">470-50-40-17A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2021-04/\" class=\"xref\">Accounting Standards Update No. 2021-04</a></td><td class=\"entry\">05/03/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-18\" class=\"xref\">470-50-40-18</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2020-03/\" class=\"xref\">Accounting Standards Update No. 2020-03</a></td><td class=\"entry\">03/09/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-18A\" class=\"xref\">470-50-40-18A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2021-04/\" class=\"xref\">Accounting Standards Update No. 2021-04</a></td><td class=\"entry\">05/03/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-21\" class=\"xref\">470-50-40-21</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2021-04/\" class=\"xref\">Accounting Standards Update No. 2021-04</a></td><td class=\"entry\">05/03/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-40-21\" class=\"xref\">470-50-40-21</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2020-03/\" class=\"xref\">Accounting Standards Update No. 2020-03</a></td><td class=\"entry\">03/09/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-45-1\" class=\"xref\">470-50-45-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2015-01/\" class=\"xref\">Accounting Standards Update No. 2015-01</a></td><td class=\"entry\">01/09/2015</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-45-2\" class=\"xref\">470-50-45-2</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2015-01/\" class=\"xref\">Accounting Standards Update No. 2015-01</a></td><td class=\"entry\">01/09/2015</td></tr><tr><td class=\"entry\"><a href=\"/asc/470/50/#470-50-50-1\" class=\"xref\">470-50-50-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2009-16/\" class=\"xref\">Accounting Standards Update No. 2009-16</a></td><td class=\"entry\">12/23/2009</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | 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