4.8 Effective Dates for Certain Accounting Standards

The effective dates for certain new accounting standards, disclosure requirements, and permitted accounting alternatives are based on various factors, including whether the entity meets the definition of a public business entity (PBE), an SEC filer, an emerging growth company (EGC), or a smaller reporting company (SRC). For guidance on making these determinations, see Sections 3.2 and 3.3 of Deloitte’s Roadmap Initial Public Offerings, which address the carve-out financial statements of a registrant and its predecessor, and Section 2.6 of Deloitte’s Roadmap SEC Reporting Considerations for Business Acquisitions, which addresses the carve-out financial statements of an acquired or to be acquired business.