Codifications
One reason decision-maker fees may not be considered variable interests.
What is compensation?
What is when decision-makers do not hold other interests that would absorb more than an insignificant expected loss or return?
What is when service arrangements include only terms, conditions, or amounts that are customarily present in arrangements for similar services negotiated at arm's length?
Variable Interest Entity
What is a type of legal and financial structure used to deal with situations where a company has a significant economic interest in another entity, but it does not have a majority of the voting rights or control over that entity?
Mac Group is this type of firm.
What is a real estate investment management firm?
This is one of the former executives of MyState.
Who is John Slacker?
The two steps in a variability analysis.
What is analyzing the nature of the risks in the legal entity?
What is determining the purpose(s) for which the legal entity was created and the variability the legal entity designed to create and pass along to its interest holders?
Business Consolidation
What is the combination of several business units or companies into a single, larger organization?
The two types of decision-maker fees.
What are management and incentive fees?
This is the focus of Persistence Inc.
What is the facilitation of electronic payments?
The topic and subtopic for pushdown accounting.
What is ASC 805-50?
Measurement Period
What is the reasonable time after the acquisition date when the acquirer may adjust the provisional amounts if the necessary information was not available by the end of the reporting period in which the acquisition occurs?
The equity interest Mac Group holds in Cheese Fund.
What is pro rata?
The amount the insurance company paid the Company.
What is $16 million?
These are two risks that cause variability.
What is credit risk?
What is interest rate risk?
What is foreign currency exchange risk?
What is commodity price risk?
What is equity price risk?
What is operations risk?
Contingent Gain Recognition
What is gain recognized when it becomes realized?
The management agreement between FM and GP.
What is the agreement to give FM the ability to find and recommend corporate office buildings?
The account MyState placed funds after hearing the judgment.
What is the escrow account?
The FASB codification website.
What is asc.fasb?
Controlling Interest
What is interest in a corporation with enough voting stock shares to prevail in any stockholders' motion?
Mac Group launched the Cheese Fund in this month.
What is June?
The number of key activities during the claim battle.
What is 6?