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Consolidation Accounting - The Consolidation Models   

1

Total CPE
Tuition
$125.00
Approximate Length
01:00:00
Course Number
19-WB-212
1

Total CPE
Tuition
$125.00
Approximate Length
01:00:00
Course Number
19-WB-212

Course Details

This course addresses the two primary consolidation models under ASC 810, the Variable Interest Entity Model and the Voting Interest Entity Model. ASC 810 Consolidation provides consolidation accounting guidance for evaluating whether a legal entity is required to be consolidated by a reporting entity.

By the end of this course, participants should be able to:

  • identify which entity consolidates a variable interest entity (VIE) under the Variable Interest Entity Model
  • apply the primary beneficiary requirements to determine the primary beneficiary of a VIE
  • identify which entity consolidates the legal entity under the Voting Interest Entity Model
  • apply the consolidation principles under the Voting Interest Entity Model.

 

For additional technical and/or regulatory updates, please subscribe to Financial Reporting View for the latest insights.

Keywords: Consolidation, Variable Interest Entity (VIE), ASC 810 Consolidation, ASC 810, Voting Interest Entity, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.


Level of Knowledge: Intermediate
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study

This course addresses the two primary consolidation models under ASC 810, the Variable Interest Entity Model and the Voting Interest Entity Model. ASC 810 Consolidation provides consolidation accounting guidance for evaluating whether a legal entity is required to be consolidated by a reporting entity.

By the end of this course, participants should be able to:

  • identify which entity consolidates a variable interest entity (VIE) under the Variable Interest Entity Model
  • apply the primary beneficiary requirements to determine the primary beneficiary of a VIE
  • identify which entity consolidates the legal entity under the Voting Interest Entity Model
  • apply the consolidation principles under the Voting Interest Entity Model.

 

For additional technical and/or regulatory updates, please subscribe to Financial Reporting View for the latest insights.

Keywords: Consolidation, Variable Interest Entity (VIE), ASC 810 Consolidation, ASC 810, Voting Interest Entity, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.


Level of Knowledge: Intermediate
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
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