So even with joint ventures if you apply the rules of a VIE one of the parent companies still has to consolidate. So now the question is which one of you is the primary beneficiary? Thank you Professor Wilks and your accounting research class for this wonderful education on VIE's. I love accounting!
So even with joint ventures if you apply the rules of a VIE one of the parent companies still has to consolidate. So now the question is which one of you is the primary beneficiary? Thank you Professor Wilks and your accounting research class for this wonderful education on VIE's. I love accounting!
ReplyDeleteYes- Enriqie Iglesias all the way!
ReplyDelete