The FASB will be issuing new guidance this month on accounting for Variable Interest Entities. The accounting question with respect to a VIE is whether it should be consolidated or not. FIN 46(R) has addressed that question and the forthcoming guidance is a revision to FIN 46(R). FIN 46(R) previously required that a company perform a [...]
Archive for the ‘Variable Interest Entities’ Category
FIN 46(R) to be Revised Again
Posted: 3rd June 2009 by Sander Abernathy in Variable Interest EntitiesComments Off