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An enterprise that holds a variable interest in a variable interest entity (VIE) is required...

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Accounting

An enterprise that holds a variable interest in a variable interest entity (VIE) is required to consolidate the assets, liabilities, revenues, expenses, and noncontrolling interest of that entity if: The VIE has issued no voting stock. The variable interest held by the enterprise involves a lease. The enterprise has a controlling financial interest in the VIE. Other equity interests in the VIE have the obligation to absorb the expected losses of the VIE.

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