This course provides an overview of the consolidation guidance prescribed within ASC 810 along with the significant amendments to the guidance from ASU 2015-02. This includes an in-depth analysis of five specific areas where ASU 2015-02 made specific amendments to the consolidations guidance along with illustrative examples. Upon completion of this course, you will be able to: Recognize a key aspect of a VIE; Recall situations in which use of combined statements is useful and not useful; Identify when a limited partner has a controlling financial interest in a limited partnership under the voting interest model per ASU 2015-02; Recognize a key change to the consolidation model made by ASU 2015-02 with respect to a general partner of a limited partnership; and Identify some of the rights a noncontrolling limited partner might have in a limited partnership.