Variable Interest Entity
   HOME



Variable Interest Entity
Variable interest entity (VIE) is a term used by the Financial Accounting Standards Board The Financial Accounting Standards Board (FASB) is a private standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securi ... (FASB) to refer to a legal entity In law, a legal person is any person or 'thing' (less ambiguously, any legal entity) that can do the things a human person is usually able to do in law – such as enter into contracts, lawsuit, sue and be sued, ownership, own property, and so o ... with certain characteristics such that a public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in Over-the-counter (finance), over-the-counter markets. A public (publicly traded) comp ... with a financial interest in the entity is subject to ce ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


Financial Accounting Standards Board
The Financial Accounting Standards Board (FASB) is a private standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US. The FASB replaced the American Institute of Certified Public Accountants' (AICPA) Accounting Principles Board (APB) on July 1, 1973. The FASB is run by the nonprofit Financial Accounting Foundation. FASB accounting standards are accepted as authoritative by many organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). Structure The FASB is based in Norwalk, Connecticut, and is led by seven full-time Board members,Spiceland, David; Sepe, James; Nelson, Mark; & Tomassini, Lawrence (2009). ''Intermediate Accounting'' (5th Edition). McGraw Hill, McGraw ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Investment In The United States
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a Return (finance), return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher rate of return, returns from Financial risk, riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to Diversification (financ ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Finance In The United States
Finance is the study and discipline of money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as ..., currency A currency, "in circulation", from la, Wikt:currens, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or currency in circulation, circulation as a medium of exchange, for example ba ... and capital assets. It is related to, but not synonymous with economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ..., the study of production, distribution, and consumption of money, assets, goods and services Go ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Accounting In The United States
Accounting, also known as accountancy, is the measurement Measurement is the quantification (science), quantification of variable and attribute (research), attributes of an object or event, which can be used to compare with other objects or events. In other words, measurement is a process of determi ..., processing, and communication Communication (from la, communicare, meaning "to share" or "to be in relation with") is usually defined as the transmission of information. The term may also refer to the message communicated through such transmissions or the field of inquir ... of financial and non financial information about economic entities such as business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...es and corporation A corporation is an organizati ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


Information Technology And Innovation Foundation
The Information Technology and Innovation Foundation (ITIF) is a U.S. nonprofit public policy think tank based in Washington, D.C., focused on public policy surrounding industry and technology. , the University of Pennsylvania ranks ITIF as the most authoritative science and technology policy think tank in the world. In its role in developing industrial and technological policies, ITIF has attracted controversy for its affiliations with various technology companies. Mission ITIF's stated mission is to promote new ways of thinking about technology-driven productivity, Competition (companies), competitiveness and globalization. The newspaper ''Roll Call'' described ITIF as trying to "navigate the ideological waters to promote government support for innovation in many forms and with a broad range of ideals." Ars Technica has described ITIF as "one of the leading, and most prolific, tech policy think tanks." ITIF has called for the United States government to implement a national i ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Robert D
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of ''Hrōþ, Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use Robert (surname), as a surname. Another commonly used form of the name is Rupert (name), Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta (given name), Roberta. The Italian, Portuguese, and Spanish form is Roberto (given name), Roberto. Robert is also a common name in many Germanic languages, including English ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and All-news radio, radio and News broadcasting, television Broadcasting, broadcasters. A news agency may ... headquartered in New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ... and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael B ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Jack Ma
Jack Ma Yun (; born 10 September 1964) is a Chinese business magnate A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through perso ..., investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. In addition, he co-founded Yunfeng Capital, a Chinese private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of Startup company, startup or operating companies through a variety of loosely affiliated investment strategie .... As of November 2022, with a net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding Liability ( ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land, the List of countries and territories by land borders, most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third List of countries and dependencies by area, largest country by total land area. The country consists of 22 provinces of China, provinces, five autonomous regions of China, autonomous regions, four direct-administered municipalities of China, municipalities, and two special administrative regions of China, Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the List of cities in China by population, most populous cit ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


picture info

Form F-1
The SEC filing is a financial statement Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to un ... or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insider ''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German pub ...s, and broker-dealer In financial services, a broker-dealer is a natural person, company (law), company or other organization that engages in the business of trading security (finance), securities for its own account or on behalf of its customers. Broker-dealers are a ...s are required to make regular SEC filings. Investor ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]  


Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the south of Cuba and northeast of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town, Cayman Islands, George Town on Grand Cayman, which is the most populous of the three islands. The Cayman Islands is considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is a major world offshore financial centre for international businesses and wealthy individuals, largely as a result of the state not charging taxes on any income earned or stored. With a GDP per capita of $91,392, the Cayman Islands has the highest standard of living in the Caribbean. Immigrants from over 130 countries and territories reside in the Cayman Islands. ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Bing]   [Yahoo]   [DuckDuckGo]   [Baidu]