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QUESTION
Explain what VIE's are and what part did VIE's play in the collapse of Enron? Does the Walt Disney Company have any VIE's?
- Explain what VIE's are and what part did VIE's play in the collapse of Enron?
- Does the Walt Disney Company have any VIE's? Who are they, where are they located and how does the company account for the VIE's?
- Review the following company VIE's and comment on the accounting application of the entity:
- General Electric
- ConAgra Foods
- Time Warner
- Allegheny Energy
