Need urgent help with FASB Project

My topic is 810

(Topic 810): Accounting and Reporting for Decreases in Ownership of a Subsidiarya Scope Clarification, requires that a parent derecognize a group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) if the parent ceases to have a controlling financial interest in that group of assets. Furthermore, the derecognition guidance in Subtopic 810-10 supports releasing the cumulative translation adjustment into earnings upon the loss of a controlling financial interest in such a group of assets.

I need urgent help understanding what this even means before going further with my research , below are the most important questions to discuss, thanks in advance !

1) Identify the relevant GAAP and current standards involved.

2) Discuss the proposed change. What will be different and the reasons (why) for the change.

3) Identify the stakeholders involved and the impact of the change for each stakeholder.