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Consolidation – FASB Discusses Consolidation for Business Entities
Consolidation –FASB Discusses Comments on Consolidation Reorganization Proposal
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Consolidation – FASB Discusses Consolidation for Business Entities
Summary - As reported in its “Summary of Decisions” publication, the FASB met on January 28, 2026, and discussed feedback received in response to the 2025 Invitation to Comment, Agenda Consultation. The FASB directed its staff to perform additional research with the objective of harmonizing the variable interest entity (VIE) and voting interest entity (VOE) models to streamline VIE/VOE determination and eliminate unnecessary differences. The scope of this research also will involve pursuing potential improvements to the VIE disclosures.
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© 2026 CCH Incorporated and/or its affiliates. All rights reserved. Used with permission.
Consolidation –FASB Discusses Comments on Consolidation Reorganization Proposal
Summary - As reported in its “Summary of Board Decisions” publication, the FASB met on April 20, 2022, and discussed feedback received in response to the 2021 Invitation to Comment, Agenda Consultation, on the:
- Current project to reorganize the guidance in Topic 810, Consolidation; and
- Consolidation guidance more broadly.
On the basis of this feedback, the FASB decided to remove the project from its technical agenda. Additionally, the FASB chair added a project, Consolidation for Business Entities, to the FASB research agenda. That research project will explore whether a single consolidation model could be developed for business entities.
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© 2022 CCH Incorporated and/or its affiliates. All rights reserved. Used with permission.