The FASB issued a consolidation standard, ASU 2015-02, Consolidation (Topic 810) – Amendments to the Consolidation Analysis, in February 2015 that makes targeted changes to the accounting guidance used to determine whether one entity should consolidate another.
The consolidation guidance affects, among other considerations: The consolidation guidance is effective in 2017 for calendar year-end nonpublic entities.
It was a year of consolidation through mergers and acquisitions in radio and television, investment in and expansion of over-the-top (OTT) video streaming services, rise in rural viewership and disruption via new technologies in the broadcasting space.It was a year in which important changes such as the EMV liability shift in the U. Instead, we should expect to see the continuation and consolidation of what we saw in 2015. This is what I think: is a technology provider of multi-factor authentication solutions for unsecured touchscreen devices such as mobile phones and tablets. created buzz not only within our industry, but with consumers as well as payments innovations are set to change the world as we know it.This process may be time consuming, particularly for those companies that have many variable interest entities and those that need to apply an entirely new consolidation method to the assessment (e.g., many limited partnerships and investment companies).There are many ways to consolidate data in Microsoft Excel.The new simplified rules will apply to income years on or after 1 January 2018.The redesign will include: In the 2014-15 Budget, the Government announced that in certain situations where a subsidiary joined or left a consolidated group, accounting liabilities relating to securitised assets would be disregarded.If each sheet contains that month's data and if it is laid out in the same arrangement of columns and rows then you can summarize this full year of data into a single sheet using the Consolidate tool.To do this select an empty sheet in the workbook - add a new one if necessary - and click in it.Public business entities were required to adopt the guidance in 2016.Companies will need to reevaluate all variable interests they have in legal entities.