- US GAAP
ASC 810 comprises three Subtopics, below is an overview of each Subtopic.
ASC 810-10 provides guidance on general consolidation issues, as well as guidance related to variable interest entities and consolidation of entities controlled by contract.
ASC 810-20 provides guidance related to the potential consolidation of partnerships and similar interests.
ASC 810-30 notes that it “provides guidance on whether and how a sponsor should consolidate a research and development arrangement.”