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FASB Interpretation No. 46 of ARB No. 51-- Part 4: Initial Test and Measurement of the VIE by the Primary Beneficiary

Steven C. Fustolo

This course covers the rules for initial testing and measuring of the VIE by the primary beneficiary. It will review how to determine whether an entity is a VIE, whether a variable interest holder is the primary beneficiary for the consolidation, and the rules for reconsidering whether an entity is still a primary beneficiary.

The course also covers:

  • Logistical issues faced when consolidating a VIE

  • Required disclosures

  • Effective dates of Interpretation No. 46

  • Rules for implementing the Interpretation's requirements

  • Avoiding the consolidation rules under Interpretation No. 46

Course Details
Price:  $40.00
Field of Study:  Accounting
Prerequisites:  FASB Interpretation No.46 of ARB No.51-- Part 3
Level:  Intermediate
Course was last updated on:  07/12/04
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Library:

Technical Requirements:
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Credit Available For: Units
CPE 2 CPE
QAS 2 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

User Reviews
Reviewer: Nasim S. submitted on 08/17/2007
Easy to navigate.
Reviewer: Katherine R. submitted on 04/02/2007
very easy to navigate
Reviewer: Rashida A. submitted on 05/22/2006
clear explanations and examples
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