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Note 1 - Interim Financial Information
9 Months Ended
May 31, 2018
Notes to Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
1.
       INTERIM FINANCIAL INFORMATION
In the opinion of management, the accompanying unaudited consolidated financial statements contain all necessary adjustments, which are of a normal recurring nature, and present fairly the consolidated financial position of Northern Technologies International Corporation and its subsidiaries (the Company) as of
May 31, 2018
and
August 31, 2017
and the results of their operations for the
three
and
nine
months ended
May 31, 2018
and
2017
and their cash flows for the
nine
months ended
May 31, 2018
and
2017,
in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP).
These consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes contained in the Company’s annual report on Form
10
-K for the fiscal year ended
August 31, 2017.
These consolidated financial statements also should be read in conjunction with the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section appearing in this report.
Operating results for the
three
and
nine
months ended
May 31, 2018
are
not
necessarily indicative of the results that
may
be expected for the full fiscal year ending
August 31, 2018.
The Company evaluates events occurring after the date of the consolidated financial statements requiring recording or disclosure in the consolidated financial statements.