Accounting standard newly cited
Filing comparison
Baozun Inc. cited accounting standard ASU 2023-09 for the first time in this filing series
Upon adoption of ASU 2023-09, Improvements to Income Tax Disclosures, as described in Note 2, Summary of Significant Principal Accounting Policies, effective for the year ended December 31, 2025, we adopted ASU 2023-09 and applied the disclosure requirements prospectively: As the statutory income tax rate in the Cayman Islands, the country of domicile of the Company, is at 0%, we determine the…
Evidence
- Adopted
- 2023-09
- Adoption year stated
- 2025
- Contexts
- Upon adoption of ASU 2023-09, Improvements to Income Tax Disclosures, as described in Note 2, Summary of Significant Principal Accounting Policies, effective for the year ended December 31, 2025, we adopted ASU 2023-09 and applied the disclosure requirements prospectively: As the statutory income tax rate in the Cayman Islands, the country of domicile of the Company, is at 0%, we determine the…, In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40)., In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40).
- New standards
- 2023-09, 2024-03, 2025-06, 2025-10
- Prior filed
- 2025-04-23
- 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.