# ASC 860-10-60: Transfers and Servicing — Overall — 60 Relationships

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/860/10/#60-relationships)

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## ASC 860-10-60: 60 Relationships

[Read section](https://asc.understandingaccounting.org/asc/860/10/#60-relationships)

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#### Consolidation

##### [860-10-60-1](https://asc.understandingaccounting.org/asc/860/10/#860-10-60-1)

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For the requirements for preparation of consolidated financial statements, see the General Subsections of Subtopic 810-10.

##### [860-10-60-2](https://asc.understandingaccounting.org/asc/860/10/#860-10-60-2)

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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.