Accounting Standards Update · 2010

ASU 2010-02 — Consolidation (Topic 810)

This update provides amendments to Subtopic 810-10 and related guidance within U.S. GAAP to clarify the scope of the decrease in ownership provisions of the Subtopic and related guidance. The amendments in this Update also clarify that the decrease in ownership guidance does not apply to certain transactions even if they involve businesses.

Accounting Standards Update No. 2010-02 (PDF)

Issued: January 6, 2010

Text as published in the FASB Accounting Standards Codification, Basic View.