Can I read Comments on FASB Amendments to VIEs on EtoBox?

Comments on FASB Amendments to VIEs by mi.emaehf is a document available to read on EtoBox.

What is Comments on FASB Amendments to VIEs about?

Ernst & Young expresses support for the proposed amendments to FASB Interpretation No. 46(R) but raises concerns about inconsistencies in the treatment of substantive kick-out rights and the complexity of the proposed disclosure requirements. They advocate for a principles-based consolidation model and emphasize the need for clarity in assessing control and power in various entity structures. The letter highlights the potential for confusion and accounting arbitrage due to differing interpretations of kick-

Author

mi.emaehf

Language

EN