Accounting standard newly cited
Filing comparison
Ryde Group Ltd cited accounting standards ASU 2016-02, ASU 2020-06 for the first time in this filing series
Upon adoption of ASU 2016-02, no right-of-use (“ROU”) assets nor lease liability was recorded for the lease with a lease term with one year or less.
Evidence
- Adopted
- 2016-02, 2020-06
- Contexts
- Upon adoption of ASU 2016-02, no right-of-use (“ROU”) assets nor lease liability was recorded for the lease with a lease term with one year or less., Early adoption is permitted as of the beginning of a reporting period if the entity has also adopted ASU 2020-0613 for that period.
- New standards
- 2016-02, 2020-06, 2023-09, 2024-01, 2024-02, 2024-03, 2024-04, 2025-01, 2025-03, 2025-04, 2025-05, 2025-06, 2025-07, 2025-08, 2025-09, 2025-10, 2025-11, 2025-12
- Prior filed
- 2025-07-18
- Prior form
- 20-F/A
- 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.