IFRS Notes

New standard issued but not yet effective

IAS 8-pr30
For new IFRS issued but not yet effective,
if new IFRS was not applied,
disclose the following:
(1) the fact that new IFRS, issued but not yet effective, was not applied
(2) information relevant to assess how such application will impact financial statements,
in the period of initial application

U.S. GAAP
Rules for SEC registrants only
asc 250-10-s50
asc 250-10-s99-5
SEC Staff Accounting Bulletin, Topic 11.M
For accounting standards issued but not yet adopted,
potential effects of adoption in financial statements
should be reported.