Note 2 - Recently Issued Accounting Pronouncement

3 Months Ended

Nov. 30, 2014

Disclosure Text Block [Abstract]

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

2.           RECENTLY ISSUED ACCOUNTING PRONOUNCEMENT

In May 2014, the Financial Accounting Standards Board (FASB) issued revised guidance on revenue recognition.  The standard provides a single revenue recognition model which is intended to improve comparability over a range of industries, companies and geographical boundaries and will also result in enhanced disclosures.  The changes are effective for the Company’s fiscal year ended August 31, 2017, and interim periods within that year.  The Company is currently reviewing the revised guidance and assessing the potential impact on its consolidated financial statements.