Tesla 10k Review: Consolidation Accounting Concepts (ASC 810)

In this video, we'll dive into Tesla's annual report and review the consolidation accounting concepts outlined in ASC 810. Get a better understanding of consolidation accounting and how it applies to Tesla's financial statements.
Core concepts:
1) Consolidating Subsidiaries into Parent including Variable Interest Entities (VIEs)
2) Rolling up accounts to combine in Financial Statements
3) Noncontrolling Interest
Watch the full Consolidation Accounting Series:
What are Consolidated Financial Statements? Part 1
• Introduction to Consol...
What do you eliminate when Consolidating Financial Statements? Part 2
• Elimination Entries wh...
Consolidation Accounting: What is Noncontrolling Interest? Part 3
• Video
From Chaos to Clarity: Navigating Consolidation Accounting - Part 4
• Pulling Together Conso...
Supporting video:
Equity Method Accounting - GAAP Accounting for Investments
• Accounting for Equity ...
====================================
I post daily accounting and finance quizzes here: / @patrickbraycpa
====================================
X Thread on Consolidated Financial Statements: / 1679913600259850262
#consolidation #consolidationaccounting #financialreporting #asc810 #accounting #gaap #financialreporting #eliminations #elimination #votingmodel #VIE #variableinterestentity #consolidated_financial_statements #consolidate #gaapaccounting #cpaexam #consolidating #consolidatefinancials #economicentity #subsidiarybooks #subsidiary #parentcompany

[@AndrewSorenson1]

Great explanation