Recently Issued Accounting Standards

6 Months Ended

Mar. 31, 2014

Recently Issued Accounting Standards

Recently Issued Accounting Standards

14. Recently Issued Accounting Standards

On October 1, 2013, we adopted Accounting Standards Update (“ASU”) 2013-02, Other Comprehensive Income.  ASU No. 2013-02 amended ASC 220, Comprehensive Income, and superseded and replaced ASU 2011-05, Presentation of Comprehensive Income, and ASU 2011-12, Comprehensive Income. The standard did not change the current requirements for reporting net income or other comprehensive income in financial statements.  However, the guidance does require an entity to provide enhanced disclosures to present separately by component reclassifications out of accumulated other comprehensive income.   The adoption had no impact on the amount of OCI reported in the Consolidated Financial Statements.