VISA INC.

CIK 1403161 V·Business Services · All EDGAR filings ↗

Progression

2026-05-13 SEC comment letter UPLOAD
2026-11-05 Accounting standard newly cited 10-K +176d

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Accounting standard newly cited Filing comparison 2026-11-05

VISA INC. cited accounting standard ASU 2023-09 for the first time in this filing series

(58) 41 50 Total deferred taxes (631) 152 (100) Total: U.S. federal 1,782 1,981 2,562 State and local 358 260 280 Non-U.S. 2,449 1,895 1,331 Income tax provision $ 4,589 $ 4,136 $ 4,173 Beginning in fiscal 2026, the Company adopted ASU 2023-09 on a prospective basis.

Evidence

Adopted: 2023-09
Adoption year stated: 2026
Contexts: (58) 41 50 Total deferred taxes (631) 152 (100) Total: U.S. federal 1,782 1,981 2,562 State and local 358 260 280 Non-U.S. 2,449 1,895 1,331 Income tax provision $ 4,589 $ 4,136 $ 4,173 Beginning in fiscal 2026, the Company adopted ASU 2023-09 on a prospective basis.
New standards: 2023-09, 2025-09
Prior filed: 2025-11-06
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.

Source filing ↗ Prior filing ↗

SEC comment letter SEC correspondence 2026-05-13

SEC staff questioned VISA INC.'s accounting for MD&A

Letter dated 2026-03-31; published on EDGAR 2026-05-13 — the SEC releases comment letters only after the review closes.

Please revise to provide discussion of the factors underlying the increases. Further, your disclosure attributes the growth to your "Issuing Solutions, Advisory and Other Services and Acceptance Solutions" portfolios. However, you do not appear to quantify within the filing the revenues attributed to these portfolios, and your disclosure does not include quantification of the period over period increases to the…

Evidence

Direction: staff to company
Letter dated: 2026-03-31
Published on edgar: 2026-05-13
Reviewing: Visa Inc. Form 10-K for Fiscal Year Ended September 30, 2025 File No. 001-33977 Dear Chris Suh: We have reviewed your filing and have the following comments. Pl
Source: SEC staff comment letter (UPLOAD)
Topics: MD&A, Non-GAAP measures
Why: SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.

Source filing ↗