Accounting standard newly cited
Filing comparison
Cleartronic, Inc. cited accounting standard ASU 2020-06 for the first time in this filing series
Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06.
Evidence
- Adopted
- 2020-06
- Contexts
- Early adoption is permitted for all entities that have adopted the amendments in ASU 2020-06.
- New standards
- 2020-06, 2023-09, 2024-03, 2024-04, 2025-01
- Prior filed
- 2026-02-13
- Prior form
- 10-Q
- 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.