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ASU 2021-04 — modifications of freestanding equity-classified written call options

FASB amendment routing specified warrant and written call modifications or exchanges by transaction substance.

Authority and currency

About this authority

Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
ASU 2021-04
Relevant parts
Summary and amendments to Topics 260 and 718 and Subtopics 470-50 and 815-40
Currency
current · checked Aug 8, 2026

Open the primary source

The amendment is a boundary and research source for complex warrant changes. The core course identifies the scope and EPS handoff without pretending that one modification entry applies to every option, warrant, financing, or award.