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RECENT ANNOUNCING STANDARDS
3 Months Ended
Mar. 31, 2020
RECENT ANNOUNCING STANDARDS  
RECENT ANNOUNCING STANDARDS

NOTE 2 – RECENT ANNOUNCING STANDARDS

New accounting standards which have been adopted

Fair Value Measurements

In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. ASU 2018-13 eliminates certain disclosure requirements for fair value measurements for all entities, requires public entities to disclose certain new information and modifies some disclosure requirements. This standard is effective for fiscal years beginning after December 15, 2019, including interim reporting periods within those years, with early adoption permitted. The Company's adoption of ASU 2018-13 did not have a material impact on the financial statements and related footnote disclosures.