FASB: Proposal to revise “VIE primary beneficiary” test | KPMG | GLOBAL

FASB: Proposal to revise “VIE primary beneficiary” test

FASB: Proposal to revise “VIE primary beneficiary” test

The FASB, in evaluating which party it is the “primary beneficiary,” has proposed that a single decision-maker or service provider would consider indirect interests held through related parties under common control on a proportionate basis.


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Read a June 2016 report prepared by KPMG LLP: Defining Issues: FASB Proposes Targeted Change to VIE* Primary Beneficiary Test


*variable interest entity

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