Company: INVUP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010230
Chunk: 114

Company: Investview, Inc.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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ASB issued ASU No. 2023-09,
Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). ASU 2023-09 expands existing income tax
disclosures for rate reconciliations by requiring disclosure of certain specific categories and additional reconciling items that meet
quantitative thresholds and expands disclosures for income taxes paid by requiring disaggregation by certain jurisdictions. ASU 2023-09
is effective for annual periods beginning after December 15, 2024; early adoption is permitted. The Company adopted the ASU for the year
ended December 31, 2025. The amendments only impact disclosures and are not expected to have an impact on the Company’s financial
condition and results of operations.

In December 2024, the FASB issued ASU 2024-03, Income
Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) (“ASU 2024-03”).
ASU 2024-03 requires, in the notes to the financial statements, disclosures of specified information about certain costs and expenses
specified in the updated guidance. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim
reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company did not elect early adoption and is evaluating
the impact the updated guidance will have on its disclosures in 2026.

We have noted no other recently issued accounting
pronouncements that we have not yet adopted that we believe are applicable or would have a material impact on our financial statements.

ITEM 3 – QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
RISK

We are a smaller reporting company as defined by Rule
12b-2 of the Securities Exchange Act of 1934 and, as such, are not required to provide the information under this item.

ITEM 4 – CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our Chief
Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule
13a-15 under the Securities Exchange Act of 1934 (the “Exchange Act”) as of the end of the period covered by this Quarterly
Report on Form 10-Q. In designing and evaluating the disclosure controls and procedures, management recognizes that any