Guidance within the Overview section (-05) of ASC 810-10 provides a flowchart that entities should follow when evaluating whether to consolidate another entity. The flowchart is entitled Consolidation Analysis in Subtopic 810-10.

a. Using a bullet-point list, list the steps shown in this first flowchart.

b. Next, navigate to the scope section of ASC 810-10. Within which scope section paragraph are the conditions described that identify an entity as a variable interest entity? Name one characteristic of a VIE from this paragraph.

c. Within which paragraph are scope exceptions to the variable interest model listed? Name one of these scope exceptions.