Note 3 - New Accounting Standards

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

New Accounting Pronouncements and Changes in Accounting Principles [Text Block]

Note

3.

New Accounting Standards

Accounting Standard Update (“ASU”)

2015

-

17,

Income Taxes - Balance Sheet Classification of Deferred Taxes, requires deferred tax assets and liabilities to be netted and classified as non-current in the consolidated balance sheet. Wilhelmina retrospectively adopted the new accounting standard on

January 1, 2017.

The impact of the change resulted in the netting of deferred tax assets and liabilities and classification of all deferred taxes as non-current.