Quarterly report pursuant to Section 13 or 15(d)

Recent Accounting Pronouncements

v3.19.3
Recent Accounting Pronouncements
9 Months Ended
Sep. 30, 2019
Recent Accounting Pronouncements  
Recent Accounting Pronouncements

18.

Recent Accounting Pronouncements

In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses,” which modifies the measurement of expected credit losses for financial instruments held at the reporting date. The standard is effective for annual periods beginning after December 15, 2019. The Company is currently evaluating the impact the adoption this ASU will have on its condensed consolidated financial statements.