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Consolidation targeted improvements to related party guidance for variable interest entities

The objective of this project is to make targeted improvements to related party guidance for VIEs.


Meeting minutes

FASB Board discussions regarding this project are found in the following meeting minutes:

  • May 18, 2017 — The Board discussed issues relating to the development of a proposed ASU addressing targeted improvements to related party guidance for VIE.
  • March 8, 2017 — The Board directed the staff to draft a proposed ASU.
  • November 2, 2016 — The Board discussed three issues to the technical agenda.
  • February 3, 2016 — The Board discussed issues related to a discussion paper on the future technical agenda.


Current status

The FASB issued a proposed ASU on June 22, 2017. Comments are due by September 5, 2017.


Project milestones

Date Developments Comments
November 2, 2016 Added to the FASB's agenda.
June 22, 2017 Proposed ASU, Targeted Improvements to Related Party Guidance for Variable Interest Entities, is issued. Comments due September 5, 2017.


Correction list for hyphenation

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