# ASC 810-930-05: Consolidation — Extractive Activities—Mining — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 810-930-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/810/930/#05-overview-and-background)

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##### [810-930-05-1](https://asc.understandingaccounting.org/asc/810/930/#810-930-05-1)

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Proportionate consolidation is allowed in industries in which it has been industry practice. This Subtopic provides guidance on proportionate consolidation for the mining industry.