StandardDescriptionRequired Date of AdoptionEffect on the financial statements or other significant matters
ASU 2024-03— Disaggregation of Income Statement ExpensesThe guidance requires disaggregated disclosures of income statement expenses.Annual periods after December 15, 2026The Company is currently evaluating the guidance and the effect on its related disclosures.
ASU 2025-09— Derivatives and HedgingThe guidance expands the use of hedge accounting to more closely align with the economics of an entity's risk management activities.Interim and annual periods after December 15, 2026The Company is currently evaluating the guidance and the effect on its related disclosures.
ASU 2025-06— Intangibles — Goodwill and other — Internal use softwareThe guidance amends certain aspects of the accounting for and disclosure of software costs.Interim and annual periods after December 15, 2027The Company is currently evaluating the guidance and the effect on its related disclosures.
ASU 2025-11— Interim ReportingThe guidance provides additional guidance on interim disclosure reporting requirements and creates a disclosure principal that requires entities to disclose events since the end of the last annual reporting period that have a material impact on the entity. Interim periods after December 15, 2027The Company is currently evaluating the guidance and the effect on its related disclosures.

Historical Timeline

Fiscal YearFiled
2025Mar 3, 2026Showing above
2024Feb 25, 2025
2023Feb 27, 2024
2022Feb 27, 2023
2021Feb 28, 2022

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.