Accounting standard newly cited
Filing comparison
AB Commercial Real Estate Private Debt Fund, LLC cited accounting standard ASU 2023-05 for the first time in this filing series
The Company has adopted ASU 2023-05 prospectively and the ASU did not have a material impact on the Company's consolidated financial statements.
Evidence
- Adopted
- 2023-05
- Contexts
- The Company has adopted ASU 2023-05 prospectively and the ASU did not have a material impact on the Company's consolidated financial statements.
- New standards
- 2023-05
- Prior filed
- 2025-03-26
- 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.