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Note 16 - Recent Accounting Pronouncements
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12 Months Ended |
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Sep. 30, 2011
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| Description of New Accounting Pronouncements Not yet Adopted [Text Block] |
Note
16. Recent
Accounting Pronouncements
Accounting
Standards Update 2010-13, Compensation
– Stock Compensation (Topic 718) –
Effect of Denominating the Exercise Price of a Share-Based
Payment Award in the Currency of the Market in Which the
Underlying Equity Security Trades – a consensus of
the FASB Emerging Issues Task Force, clarifies that
an employee share-based payment award with an exercise
price denominated in the currency of a market in which a
substantial portion of the entity’s equity securities
trades should not be considered to contain a condition that
is not a market, performance, or service condition.
Therefore, an entity would not classify such an award as a
liability if it otherwise qualifies as equity. This ASU is
effective for fiscal years, and interim periods within
those fiscal years, beginning on or after December 15,
2010.
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