Accounting standard newly cited
Filing comparison
Hestia Insight Inc. cited accounting standard ASU 2023-07 for the first time in this filing series
Recent Accounting Pronouncements ASU 2023-07, Improvements to Reportable Segment Disclosures, was adopted for the year ended November 30, 2025 and had no material effect.
Evidence
- Adopted
- 2023-07
- Adoption year stated
- 2025
- Contexts
- Recent Accounting Pronouncements ASU 2023-07, Improvements to Reportable Segment Disclosures, was adopted for the year ended November 30, 2025 and had no material effect.
- New standards
- 2023-07, 2023-09, 2024-03, 2025-01
- Prior filed
- 2026-07-20
- 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.