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Paragraph superseded on 06/20/2011 after the end of the transition period stated in FASB Statements No. 160, Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51, and No. 164, Not-for-Profit Entities: Mergers and Acquisitions.
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Paragraph superseded on 06/20/2018 after the end of the transition period stated in FASB Statement No. 167, Amendments to FASB Interpretation No. 46(R).
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Paragraph superseded on 06/20/2011 after the end of the transition period stated in Accounting Standards Update No. 2010-02, Consolidation (Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiary—a Scope Clarification.
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The following represents the transition information related to Accounting Standards Update No. 2014-07, Consolidation (Topic 810): Applying Variable Interest Entities Guidance to Common Control Leasing Arrangements, referenced in paragraph 810-10-15-17AA:
  1. a
    Upon adoption of the accounting alternative, the guidance in the Variable Interest Entities Subsections of this Subtopic shall be applied retrospectively as of the beginning of the first fiscal year in which the accounting alternative is elected and to all periods presented.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2016-03.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2016-03.
  4. d
    If a reporting entity deconsolidates a variable interest entity (VIE) as a result of the application of the accounting alternative guidance in the Variable Interest Entities Subsections of this Subtopic, the reporting entity shall initially measure any retained interest in the deconsolidated VIE at its carrying amount at the date the accounting alternative guidance first applies. In this context, carrying amount refers to the amount at which any retained interest would have been carried in the reporting entity's financial statements if the accounting alternative guidance had been effective when the reporting entity became involved with the VIE. Any difference between the net amount removed from the statement of financial position of the reporting entity and the amount of any retained interest in the deconsolidated VIE shall be recognized as a cumulative-effect adjustment to retained earnings. The amount of any cumulative-effect adjustment related to deconsolidation shall be disclosed separately.
  5. e
    An entity shall provide the disclosures in paragraphs
    250-10-50-1 through 50-3
    except for the disclosure in paragraph 250-10-50-1(b)(2) in the period the entity adopts the     accounting alternative guidance in the Variable Interest Entities Subsections of this Subtopic.
  6. f
    A private company that makes an accounting policy election to apply the accounting alternative guidance in the Variable Interest Entities Subsections of this Subtopic for the first time need not justify that the use of the accounting alternative is preferable as described in paragraph 250-10-45-2.
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Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation.
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Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2014-13, Consolidation (Topic 810): Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.
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Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis.
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Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control.
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Paragraph superseded on 07/10/2023 after the end of the transition period stated in Accounting Standards Update No. 2018-17, Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities.
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