XML 31 R22.htm IDEA: XBRL DOCUMENT v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Accounting, Policy (Policies)
12 Months Ended
Aug. 31, 2024
Policies  
Basis of Accounting, Policy

Basis of Presentation

The accompanying financial statements have been prepared for Nitches, Inc. in accordance with accounting principles generally accepted in the United States of America (US GAAP), with all numbers shown in US Dollars.

 

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation of the financial statements have been included.

 

On June 10, 2024, the Company effected a 1-for-60,000 reverse stock split. The impact of this transaction is reflected within all common stock, options, and warrant information retrospectively in these financial statements.