Clean Energy Technologies, Inc. New Standards Disclosure
Recently Issued Accounting Standards
The Company’s management reviewed all recently issued ASU’s not yet adopted by the Company and does not believe the future adoptions of any such ASU’s may be expected to cause a material impact on the Company’s consolidated financial condition or the results of its operations.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Apr 14, 2025 | Showing above |
| 2023 | Apr 17, 2024 | |
| 2022 | Apr 17, 2023 | |
| 2021 | Apr 15, 2022 | |
| 2020 | Apr 15, 2021 | |
| 2019 | May 28, 2020 | |
| 2018 | Apr 15, 2019 | |
| 2017 | Apr 16, 2018 | |
| 2016 | Apr 17, 2017 | |
| 2015 | Apr 14, 2016 | |
About New Standards Disclosures
New accounting standards disclosures describe recently adopted pronouncements and those not yet effective, along with management's assessment of their expected impact. This section provides an early warning system for upcoming changes to how a company reports its financial results, often years before the new rules take effect.
Key signals: when management describes a not-yet-adopted standard's impact as "material" or "still being evaluated," it signals potential significant changes to reported metrics upon adoption. Watch for standards that affect a company's core operations — for example, revenue recognition changes for software companies or lease accounting changes for retailers with large store footprints. The transition method chosen (full retrospective versus modified retrospective) affects comparability with prior periods. Companies that delay adoption to the latest permitted date may be struggling with implementation complexity. Compare the disclosed impact assessments against peers in the same industry to gauge whether management's expectations are reasonable.