Accounting standard newly cited
Filing comparison
VIVOS INC cited accounting standard ASU 2016-02 for the first time in this filing series
NOTE 6: LEASES The Company has adopted ASU No. 2016-02, Leases (Topic 842) and as such accounted for our leases in terms of the right of use assets and offsetting lease liability obligations under this pronouncement.
Evidence
- Adopted
- 2016-02
- Contexts
- NOTE 6: LEASES The Company has adopted ASU No. 2016-02, Leases (Topic 842) and as such accounted for our leases in terms of the right of use assets and offsetting lease liability obligations under this pronouncement.
- New standards
- 2016-02, 2023-09
- Prior filed
- 2025-03-24
- 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.