Note 1 - Basis of Presentation

12 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Basis of Accounting [Text Block]

1. BASIS OF PRESENTATION

The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles for financial information and with the instructions to Form

10

-K and Article

8

of Regulation S-

X.

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.

Principles of Consolidation

The consolidated financial statements include the accounts of Hickok Incorporated and its wholly-owned domestic subsidiaries. Significant intercompany transactions and balances have been eliminated in the financial statements.

Reclassifications

Certain prior year amounts were reclassified to conform to the current year

’s presentation, including transaction costs related to acquisitions that were reclassified from selling, general and administrative to other (income) expenses as these costs are

not

considered as operating costs. These reclassifications have

no

effect on the financial position or results of operations reported as of and for the periods presented.