Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.
Applies to interests in other entities, except for:
- Accounting for investments (see Section 3051), interests in joint arrangements (see Section 3056), or financial instruments (see Section 3856);
- Accounting by investment companies (see AcG-18);
- Employer's accounting for an employee benefit plan subject to Section 3462;
- Accounting for special-purpose entities, including interests in qualifying special–purpose entities as set out in Section 3856 Appendix B;
- or Accounting for contractual arrangements between enterprises under common control.