Accounting standard newly cited
Filing comparison
COLUMBIA BANKING SYSTEM, INC. cited accounting standard ASU 2024-04 for the first time in this filing series
The Company adopted the guidance on January 1, 2026, and it did not have a material impact on the Company's consolidated financial statements. ASU No. 2024-04—Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments The amendment clarifies the accounting for induced conversions of convertible debt instruments and associated disclosure…
Evidence
- Adopted
- 2024-04
- Adoption year stated
- 2026
- Contexts
- The Company adopted the guidance on January 1, 2026, and it did not have a material impact on the Company's consolidated financial statements. ASU No. 2024-04—Debt—Debt with Conversion and Other Options (Subtopic 470-20): Induced Conversions of Convertible Debt Instruments The amendment clarifies the accounting for induced conversions of convertible debt instruments and associated disclosure…, Application of New Accounting Guidance Standard Description Effective Date Effect on the Financial Statements or Other Significant Matters ASU No. 2025-05—Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets The amendments provide a practical expedient related to the estimation of expected credit losses for certain current…, The adoption of this ASU is not expected to have a material impact on the Company’s consolidated financial statements. ASU No. 2025-08 Financial Instruments—Credit Losses (Topic 326): Purchased Loans The amendments update the accounting for purchased loans under ASC 326 by eliminating the distinction between purchased credit-deteriorated (PCD) and non-PCD loans and require recognition of an…
- New standards
- 2024-04, 2025-05, 2025-08
- Prior filed
- 2025-11-06
- 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.