{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/810/10/#60-relationships","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"810","topic_title":"Consolidation","subtopic":"810-10","subtopic_title":"Overall","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Distinguishing Liabilities from Equity","paragraphs":[{"citation":"810-10-60-1","para":"60-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">For derivative transactions in <a href=\"/glossary/s/#subsidiary\" class=\"term\" title=\"An entity, including an unincorporated entity such as a partnership or trust, in which another entity, known as its parent, holds a controlling financial interest. (Also, a variable interest entity that is consolidated by a primary beneficiary.)\"><span>subsidiary</span></a> stock with noncontrolling interest, see paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/480/10/#480-10-55-53\" class=\"xref\">480-10-55-53 through 55-58</a></div>.</div> </div>","snippet":"For derivative transactions in subsidiary stock with noncontrolling interest, see paragraphs 480-10-55-53 through 55-58.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a1662244cde83bc793040ee07f7389c56ef8ab5849613ed7c2f545c724b94a59","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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class=\"xref\">740-10-25-39 through 25-41</a></div>.</div> </div>","snippet":"For deferred taxes on dividends of foreign operations, see paragraphs 740-10-25-39 through 25-41.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:22b017a0202a49d81bf0e97392eba869f84b4fca1f150d2197912b03a92b6e6e","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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class=\"xref\">830-30-45-10</a>.</div> </div>","snippet":"For the elimination of intra-entity profits with foreign entities, see paragraph 830-30-45-10.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:650e2bba17fada036e9ecc055cd978602e1d393bce702d325cd794f9df27a194","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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title=\"A contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration.\"><span>leases</span></a> sold by a manufacturer to a leasing subsidiary, see paragraph <a href=\"/asc/842/30/#842-30-45-3\" class=\"xref\">842-30-45-3</a>. </span></span> </div> </div>","snippet":"For leases sold by a manufacturer to a leasing subsidiary, see paragraph 842-30-45-3.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b3aa7269bd24d24c965c02db8782c37178f39ccbe56d2f14c6b2e7b35618ff67","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481593","source_sha256":"9c62f70288d8bee90892d15ce4da73c816d7b48229330a6aa102b25f04a6ef41"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f62ffbe366ee5b405e4b100447c4f705c9d08c12e8c929800ad5427d3ec472cb","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481593","source_sha256":"9c62f70288d8bee90892d15ce4da73c816d7b48229330a6aa102b25f04a6ef41"}},{"block":null,"heading":"Transfers and Servicing","paragraphs":[{"citation":"810-10-60-5","para":"60-5","html":"<div class=\"asc-body\"><div class=\"norm-text\">For transfers of ownership interest in a subsidiary with financial assets, see paragraph <a href=\"/asc/860/10/#860-10-55-13\" class=\"xref\">860-10-55-13</a>.</div> </div>","snippet":"For transfers of ownership interest in a subsidiary with financial assets, see paragraph 860-10-55-13.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1dd42b2ecbc41dc98c9845ccd38a725cc9a068942bfce8cffb67f618f341534b","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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2009-16</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2009-16.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:36cd6d06d32c7b08492422b81e7e914e22bffffe206cd64f7963dd0826569458","downloaded_from":"2026-09-10T01:29:14.136Z","last_downloaded_at":"2026-09-10T01:29:14.136Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481593","source_sha256":"9c62f70288d8bee90892d15ce4da73c816d7b48229330a6aa102b25f04a6ef41"}},{"citation":"810-10-60-7","para":"60-7","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2009-16/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2009-16</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 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