This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

ASC 810 — Consolidation

Below is an overview of FASB Accounting Standards Codification Topic 810, Consolidation, as well as a list of FASB Accounting Standards Updates (ASUs) and proposed ASUs related to this Topic.

Overview

ASC 810 comprises three Subtopics (Overall, Control of Partnerships and Similar Entities, and Research and Development Arrangements). Below is an overview of each Subtopic.

 

810-10 Overall

ASC 810-10 provides guidance on general consolidation issues, as well as guidance related to variable interest entities and consolidation of entities controlled by contract.

 

810-20 Control of Partnerships and Similar Entities

ASC 810-20 provides guidance related to the potential consolidation of partnerships and similar interests.

 

810-30 Research and Development Arrangements

ASC 810-30 notes that it "provides guidance on whether and how a sponsor should consolidate a research and development arrangement."

The full text of ASC 810 can be found in the FASB Accounting Standards Codification (link to the FASB's Web site; registration required). Also, the full text of the Codification and Deloitte-authored Q&As related to the Codification are available in Deloitte's Technical Library Web site (subscription required).

Content from the FASB Accounting Standards Codification® included at http://www.usgaapplus.com is copyrighted by the Financial Accounting Foundation, 401 Merritt 7, PO Box 5116, Norwalk, CT 06856-5116, and is reproduced with permission.

FASB Accounting Standards Updates

    The following ASUs amended the guidance in this Topic:

    Proposed FASB Accounting Standards Updates

    The following are proposed amendments to ASC 810: