Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 138

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 138
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 of segment
profit or loss and extends the full disclosure requirements of ASC 280 to companies with single reportable segments. The Company adopted ASU 2023-07
on January 1, 2024, which did not have a material impact on the Consolidated Financial Statements.

In
December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The ASU requires
the annual financial statements to include consistent categories and greater disaggregation of information in the rate reconciliation,
and income taxes paid disaggregated by jurisdiction. ASU 2023-09 is effective for public business entities for annual periods
beginning after December 15, 2024, and interim periods within those annual periods; early adoption is permitted. Adoption is either
with a prospective method or a fully retrospective method of transition. The Company adopted ASU 2023-09 on January 1, 2025,
which did not have a material impact on the Consolidated Financial Statements.

New
Accounting Standards That Have Not Yet Been Adopted:

In
October 2023, the FASB issued ASU 2023-06, Disclosure Improvements - codification amendments in response to SEC’s disclosure
Update and Simplification initiative which amend the disclosure or presentation requirements of codification subtopic 230-10 Statement
of Cash Flows - Overall, 250-10 Accounting Changes and Error Corrections - Overall, 260-10 Earnings Per Share - Overall,
270-10 Interim Reporting - Overall, 440-10 Commitments - Overall, 470-10 Debt - Overall, 505-10 Equity - Overall, 815-10
Derivatives and Hedging - Overall, 860-30 Transfers and Servicing - Secured Borrowing and Collateral, 932-235 Extractive Activities - 
Oil and Gas - Notes to Financial Statements, 946-20 Financial Services - Investment Companies - Investment Company Activities,
and 974-10 Real Estate - Real Estate Investment Trusts - Overall. The amendments represent changes to clarify or improve disclosure
and presentation requirements of above subtopics. Many of the amendments allow users to more easily compare entities subject to the SEC’s
existing disclosures with those entities that were not previously subject to the SEC’s requirements. Also, the amendments align
the requirements in the Codification with the SEC’s regulations. For entities subject to existing SEC disclosure requirements or
those that must