Overview
Master consolidated financial statements for a parent company & subsidiaries. This course covers ASC Topic 810, focusing on the variable interest model, scope exceptions, and presentation and disclosure requirements, with illustrative examples to aid learning.
Find this course for your license
License or Certification
Regulator
Type
Learning Objectives
- recognize scope exceptions to the consolidations guidance
- identify the key steps involved in performing a consolidation analysis
- identify exceptions to the application of the variable interest entity model
- identify steps to be performed if a scope exception to the variable interest model applies
- recognize key information related to variable interests
- differentiate between the disclosure requirements for reporting entities with interests in variable interest entities
- recognize key changes on the horizon related to the consolidation guidance
Designed For:
Practicing CPAs, both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel
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Course Information
Adding additional credit may change exam requirements.
| Prerequisites: | Familiarity with rules for consolidations and variable interest entity accounting |
| Advanced Preparation: | None |
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