Avantia (8904) · InitiativeAchieved
Preparing to Adopt New Accounting Standards for Revenue Recognition, Fair Value Measurement and Other Matters
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Simultaneous application of the Revenue Recognition and Fair Value Measurement Accounting StandardsA theme 199 companies write about · 7 as a headwind · 2 as a tailwind
36 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Revenue Recognition (Accounting Standard No. 29, 31 March 2020) and related standards from the beginning of the first quarter of the current fiscal year. Revenue is recognized at the amount expected to be received in exchange for the promised goods or services when control of those goods or services transfers to the customer.」
The company applied the Accounting Standard for Revenue Recognition and other related standards from the beginning of the first quarter of the current consolidated fiscal year, as scheduled from the fiscal year ending August 2022. It also applied the Accounting Standard for Fair Value Measurement and other related standards from the beginning of the fiscal year. - FY2020First statedAnnual report
「The accounting standards for revenue recognition and related standards are scheduled to be applied from the beginning of the fiscal year ending August 2022.」
The company indicated that it plans to apply the new accounting standards for revenue recognition, fair value measurement and other matters from the fiscal year ending August 2022, and is evaluating the amount of the impact.