Misconception · MIS:maturity-table-can-use-carrying-amount-as-contractual-principal

Mistaken idea “A maturity table can use carrying amount as contractual principal”

Mistaken reasoning: This mistake reports net debt basis in the contractual principal maturity buckets and loses the reconciliation.

Updated Aug 21, 2026 Review due Nov 8, 2026

Why this is mistaken

Report contractual principal by maturity, then bridge discount, premium, costs, and other basis layers to the ledger.

Where to watch

When this mistake may appear

  • Debt is issued at a discount or premium with issuance costs.
Check your work

Your work may contain this mistake if:

  • Place net carrying amount in the contractual maturity year.