Roadmap
Consolidation — Identifying a
Controlling Financial Interest (July 2020)
- Download the PDF version (available without subscription; not updated after issuance).
- View the active version (subscription required; updated as warranted). For subscribers, links to substantive changes made to the Roadmap since its issuance, if any, will be provided below.
This Roadmap is a comprehensive
guide to navigating the frequently complex consolidation accounting models. It
breaks down the requirements in ASC 810 and reconstructs them in a logical
narrative, making them easier to understand and apply. While the discussion focuses
primarily on the complexities of identifying whether a legal entity is a variable
interest entity (VIE) and whether a reporting entity should consolidate the VIE, it
also addresses the voting interest entity model and provides a framework for its
application.
This Roadmap replaces the Deloitte Q&As that were contained in
ASC 810. To find the text in the Roadmap that corresponds to a former Q&A,
select the “Consolidation” tab at the bottom of the Q&A to Roadmap Quick Reference Guide
and search for the Q&A’s number or title.
Be sure to check out other titles in Deloitte’s Roadmap
series, our comprehensive, easy-to-understand collection of
accounting guides on selected topics of broad interest to the financial reporting
community.