Accounting standard newly cited
Filing comparison
Holistic Asset Finance Group Co., Ltd. cited accounting standard ASU 2014-09 for the first time in this filing series
The Group has adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606) and all subsequent ASUs that modified ASC 606.
Evidence
- Adopted
- 2014-09
- Contexts
- The Group has adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606) and all subsequent ASUs that modified ASC 606.
- New standards
- 2014-09, 2016-13, 2023-09, 2024-01, 2024-02, 2024-03, 2025-01, 2025-05, 2025-11, 2025-12
- Prior filed
- 2009-10-15
- Prior form
- 10-K
- 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.