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ASC 810-10
ASC 810-10 (pre-Codification FIN 46(R), Consolidation of Variable Interest Entities) further interprets how to apply the controlling financial interest criterion. This model is known as the “variable interest model” and entities subject to this model are referred to as “variable interest entities” (VIEs). VIEs include entities that have been referred to as special-purpose entities, as well as other entities that are structured in such a way that (a) the equity investment at risk is not sufficient to permit the entity to finance itself or (b) the equity investors at risk as a group lack decision-making powers (or non-substantive voting rights), do not absorb the expected losses, or do not receive the expected residual returns.
Prior to consolidating an entity under the voting control model, a company must first look to ASC 810-10 to determine whether the entity is a VIE that should be evaluated for consolidation under the VIE model. As a result, every entity should be carefully analyzed to determine whether it is a VIE or a VOE in order to determine the appropriate model for evaluating which party may have the controlling financial interest.

ASC 946

FASB AS Update 2009-16
FASB AS Update 2009-17

IFRS 10, Consolidated Financial Statements
IFRS 10 establishes a single control model which applies to all entities and will require management to exercise significant judgment to determine which entities are controlled, and therefore are required to be consolidated by a parent, compared with the requirements which were in IAS 27. IFRS 10 does not change consolidation procedures, rather it changes whether an entity is consolidated by revising the definition of control.

IFRS 11, Joint Arrangements
IFRS 11 uses the principal of control in IFRS 10 to define joint control. In addition, IFRS 11 removes the option to account for jointly control

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