Debt issuance costs: Presentation and disclosure issues

With the introduction of FASB Accounting Standards Update (ASU) No. 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs, in 2015, FASB transformed how entities handle the presentation of debt issuance costs. The downloadable CPEA report Debt Issuance Costs: Presentation and Disclosure Issues under ASU 2015-03 examines the treatment of debt issuance costs, how they relate to discounts and premiums, and the amortization of debt costs. Entities should review their presentation and disclosure