you don't consolidate if it meets certain requiremens. I think IFRS says you have to consolidate if "in substance" you control it. GAAP is similar i think
Under IFRS it is is consolidated into the parent if it meets certain criteria relating to the parent having decision making rights, or if it receives most of the benefits or has most of the risks.
Under US GAAP I think all SPE's or VIE's are consolidated into the parent, unless they're a QSPE. If they fulfill the QSPE criteria they don't have to be consolidated. (As far as I can remember).
Edited 1 time(s). Last edit at Thursday, May 20, 2010 at 09:54AM by sbmarti2.
发表于 2011-7-11 20:07
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