Accounting standard newly cited
Filing comparison
ELBIT SYSTEMS LTD cited accounting standard ASU 2025-12 for the first time in this filing series
See Note 18. 2.The Company early adopted FASB ASU 2025-12 (Codification Improvements) Issue 20, Clarify Guidance for the Transfer of Receivables from Contracts with Customers.
Evidence
- Adopted
- 2025-12
- Contexts
- See Note 18. 2.The Company early adopted FASB ASU 2025-12 (Codification Improvements) Issue 20, Clarify Guidance for the Transfer of Receivables from Contracts with Customers.
- New standards
- 2025-05, 2025-06, 2025-09, 2025-10, 2025-11, 2025-12
- Prior filed
- 2025-03-20
- Prior form
- 20-F
- Restates existing policy
- No
- Source
- accounting standards update (ASU) reference comparison
- Why
- An accounting standard (ASU) appears in this filing that did not appear in the previous comparable one, in a sentence describing it as adopted. That is a change in what the company discloses, which is not always a change of policy in the current period: the filing may state an adoption date years earlier.