Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 74

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 1
Chunk 74
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 December 15, 2024. Early adoption is permitted.

Except
as mentioned above, there are no new recently issued accounting standards that will have a material impact on the Company’s carve-out
combined and consolidated financial statements. The Company does not believe other recently issued but not yet effective accounting standards,
if currently adopted, would have a material effect on the Company’s carve-out combined and consolidated financial statements.

60

ITEM
4 CONTROLS AND PROCEDURES

Evaluation
of Disclosure Controls and Procedures

As
required by Rule 13a-15 under the Exchange Act, our management has carried out an evaluation, with the participation and under the supervision
of our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls
and procedures as of June 30, 2025. Disclosure controls and procedures refer to controls and other procedures designed to ensure that
information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported
within the time periods specified in the rules and forms of the SEC and that such information is accumulated and communicated to our
management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required
disclosure. In designing and evaluating our disclosure controls and procedures, management recognizes that any controls and procedures,
no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management
is required to apply its judgment in evaluating and implementing possible controls and procedures.

Internal
Control Over Financial Reporting

Our
management, including our chief executive officer and chief financial officer, is responsible for establishing and maintaining adequate
internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated
under the Exchange Act as a process designed by, or under the supervision of, the company’s chief executive officer and chief financial
officer and effected by the company’s board of directors, management and other personnel, to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting
principles generally accepted in the United States of America and includes those policies and procedures that:

    ●
    Pertain
    to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets
    of the company;

    ●
    Provide
    reasonable assurance that transactions are recorded as