Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 202

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 19
Chunk 202
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 This ASU requires
public business entities to provide more detailed disaggregation of certain expense line items presented in the income statement, including
the amounts related to employee compensation, depreciation, amortization, and inventory and manufacturing expense, among others. The objective
of this update is to enhance the transparency and decision-usefulness of expense information provided to investors. The amendments
are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15,
2027. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this ASU on its consolidated financial
statement disclosures and expects the standard will primarily affect the level of expense disaggregation presented in the notes to the
consolidated financial statements rather than recognition or measurement.

In January 2025, the Financial Accounting
Standards Board (“ FASB”) issued ASU 2025-01 - Income Statement - Reporting Comprehensive
Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. This
ASU amends the effective date of Update 2024-03 to clarify that all public business entities are required to adopt the guidance
in annual reporting periods beginning after December 15, 2026, and interim periods within annual reporting periods beginning after
December 15, 2027. The Company expects the adoption on this ASU will not have a material effect on the Company's consolidated financial
statements.

In July 2025, the FASB issued ASU 2025-05, which
amends ASC 326-20 to provide a practical expedient (for all entities) and an accounting policy election (for all entities, other than
public business entities, that elect the practical expedient) related to the estimation of expected credit losses for current accounts
receivable and current contract assets that arise from transactions accounted for under ASC 606. The Board developed the new guidance
in conjunction with the Private Company Council to address concerns from stakeholders that estimating expected credit losses can be costly
and complex for such transactions. ASU 2025-05 is effective for annual reporting periods beginning after December 15, 2025, and interim
reporting periods within those annual reporting periods, with early adoption permitted. Entities should apply the new guidance prospectively.
The Company expects the adoption on this ASU will not have a material effect on the Company's consolidated financial statements.

On September 18, 2025, the FASB