Materiality and the VIE Consolidation Model

Posted by & filed under Variable Interest Entity.

It’s nice when I can reuse some language from a previous post on a different topic. Today, the topic is materiality in the context of the variable interest entity (VIE) consolidation model. Here’s the recycled language from my post on derivatives and materiality:  “When I think about materiality I do so from both a qualitative… Read more »

VIE Business Scope Exception Explained

Posted by & filed under Variable Interest Entity.

I’ll start out this post by reminding you that the entire point of the variable interest entity (VIE) analysis is to determine if a party other than an entity’s majority shareholder should consolidate the entity into its financial statements. The VIE consolidation model is premised on the notion that, under certain conditions, parties other than… Read more »