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 ...
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 ...
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 ...
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 ...
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.
Other Scenario-Based Customized Services Revenue decreased by 71.3% to approximately $1.6 million in the six months ended September 30, 2025, primarily due to a reduction in the number of customers of ...
The Financial Reporting Council (FRC) of Nigeria, in line with strengthening Nigeria’s financial ecosystem, redefined Public Interest Entities (PIEs) under Section 77 of the amended Financial ...