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Recently Issued Accounting Standards
3 Months Ended
Dec. 31, 2012
Recently Issued Accounting Standards  
Recently Issued Accounting Standards

13.       Recently Issued Accounting Standards

 

On October 1, 2012, we adopted Accounting Standards Update (“ASU”) No. 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.  ASU No. 2011-04 is intended to create consistency between U.S. GAAP and International Financial Reporting Standards (“IFRS”) on the definition of fair value and on the guidance on how to measure fair value and on what to disclose about fair value measurements.  The adoption of these provisions had no material impact on the Consolidated Financial Statements.

 

On October 1, 2012, we adopted ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income.  ASU No. 2011-05 was issued to increase the prominence of other comprehensive income (“OCI”) in financial statements.  Our presentation of OCI is shown in a separate statement and was applied retrospectively.  The adoption had no impact on the amount of OCI reported in the Consolidated Financial Statements.