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Summary of Significant Accounting Policies: New Accounting Pronouncements, Policy (Policies)
12 Months Ended
Dec. 31, 2020
Policies  
New Accounting Pronouncements, Policy

Recent Accounting Pronouncements

 

During the year ended December 31, 2020, the FASB (Financial Accounting Standards Board) issued various Accounting Standards Updates relating to the treatment and recording of certain accounting transactions. Management has determined that these recent accounting pronouncements will have no impact on the financial statements of Lake Forest Minerals Inc.