JournalofAccountancy

To Consolidate or Not

AMONG ENRON’S PROBLEMS WAS ITS USE of variable interest entities, which allowed it to leave significant amounts of debt off its balance sheet. In response to concern about this practice, FASB issued ...
JournalofAccountancy

Preferability and the private company alternatives

This feature was prepared by the AICPA Center for Plain English Accounting. New private company financial reporting alternatives have given financial statement preparers many issues to consider. Over ...
Business Insider

Nocera, Inc. Signs Variable Interest Entity Agreements Resulting in 100% Controlling Interest in Xin Feng Construction Co., Ltd. and Shunda Feed Co., Ltd. in Taiwan

TAIPEI, Taiwan and ATLANTA, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Nocera, Inc. (OTC:NCRA)(“Company”) today announced that it has formally signed Variable Interest Entity (“VIE”) agreements with Xin Feng ...
Nasdaq

YSX TECH. CO., LTD Announces Closing of Its Initial Public Offering and Full Exercise of Underwriter’s Over-Allotment Option

Guangzhou, Dec. 19, 2024 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (the “Company” or “YSXT”), a Cayman Islands exempted company that, through its variable interest entities in China, provides ...
Wall Street Journal

Alibaba and VIEs: A Primer

Inside Alibaba Group Holding Ltd.'s filing on Tuesday for a U.S. initial public offering are three words well-known to China-focused investors but alien to many others: variable-interest entity.