The Board is issuing the amendments in this Update to respond to stakeholders’
concerns about the current accounting for consolidation of certain legal entities.
Stakeholders expressed concerns that current generally accepted accounting
principles (GAAP) might require a reporting entity to consolidate another legal
entity in situations in which the reporting entity’s contractual rights do not give it
the ability to act primarily on its own behalf, the reporting entity does not hold a
majority of the legal entity’s voting rights, or the reporting entity is not exposed to
a majority of the legal entity’s economic benefits or obligations.

 



Deja un comentario