XML 76 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 16 - Recently Issued Accounting Pronouncements
12 Months Ended
Dec. 31, 2012
Description of New Accounting Pronouncements Not yet Adopted [Text Block]
NOTE 16:                   RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

Accounting pronouncements not yet adopted

In December 2011, the FASB issued ASU 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”), which requires an entity to disclose certain information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. An entity is required to apply the amendments in this Update for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The Company is currently evaluating what impact this standard may have to its financial statements. The FASB has clarified the scope of ASU 2011-11 and proposed to limit the disclosures to derivatives, sale and repurchase agreements and reverse sale and repurchase agreements, and securities borrowing and lending arrangements.