The FASB ASC Subtopic Variable Interest Entities affects thousands of business enterprises that now, as primary beneficiaries, consolidate eneities that qualify as controlled VIEs. Retrieve the annual reports of one or more of the following companies that consolidate VIEs:

The Walt Disney Company

General Electric

ConAgra Foods

Time Warner

Allegheny Energy

Required

Write a brief report that describes

1. The reasons for consolidation of the company's VIE(s).

2. The effect of the consolidation of the VIE(s) on the company's financial statements.