{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/860/10/#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":"860","topic_title":"Transfers and Servicing","subtopic":"860-10","subtopic_title":"Overall","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Consolidation","paragraphs":[{"citation":"860-10-60-1","para":"60-1","html":"For the requirements for preparation of consolidated financial statements, see the General Subsections of Subtopic 810-10. For guidance on consolidation of variable interest entities (VIEs), see the Variable Interest Entities Subsections of Subtopic 810-10, which clarify the application of the General Subsections of that Subtopic to certain entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support.