Accounting standard newly cited
Filing comparison
VitaNova Life Sciences Corp cited accounting standard ASU 2016-13 for the first time in this filing series
Credit Losses On May 1, 2024, the Company adopted ASU 2016-13 Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments(ASC 326).
Evidence
- Adopted
- 2016-13
- Contexts
- Credit Losses On May 1, 2024, the Company adopted ASU 2016-13 Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments(ASC 326).
- New standards
- 2016-13, 2018-07, 2023-06, 2025-04, 2025-05
- Prior filed
- 2026-03-16
- 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.