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What is Variable Interest Entity mean?
Variable interest entity (VIE) is a term used by the Financial Accounting Standards Board (FASB) in Accounting Standards Codification (ASC) 810, Consolidation, to refer to a legal entity with certain characteristics such that a public company with a financial interest in the entity is subject to certain financial reporting requirements.
VIEs rose to prominence after the Enron scandal. Some Chinese companies, such as Alibaba, use VIEs to get access to foreign capital that would otherwise not be available due to Chinese government regulations. The use of VIEs by Chinese businesses has received criticism for its lack of transparency.
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|---|---|
| Very Important Employee | Business |
| Vision Internal External | Business |
| Vampire Investigations and Exterminations | Business |
| Virgin Interactive Entertainment | Business |
| Variable Interest Equity | Business |
| Variable Interest Entity | Business |
| Viento Group Ltd | Business |
| Vistas In Education | Community |
| Veterans Industry Education | Community |
| Vehicle Inventory and Evaluator | General |
| Volontariat International en | General |
| Variable Interest Entities | General |
| Virtual Integration Environment | General |
| Vehicle Integration Engineer | General |
| Verification of Income and Employment | Governmental |
| Vaccine Injury Epidemic | Medical |
| Vienna International Airport, Vienna, Austria | Regional |
Posted on 23 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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