PFIZER INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
PFE$29.23-0.5%Stored close · as of Nov 9, 2026
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New Accounting Standards
Recently Adopted Accounting Standards
See Note 1B.
| Recently Issued Accounting Standards, Not Adopted as of December 31, 2024 | ||
|---|---|---|
| Standard/Description | Effective Date | Effect on the Financial Statements |
| In December 2023, the FASB issued final guidance to improve income tax disclosures. The final guidance requires enhanced disclosures primarily related to existing rate reconciliation and income taxes paid information. | 2025 for annual reports. Early adoption is permitted. | This new guidance will result in increased disclosures in the notes to our financial statements. |
| In November 2024, the FASB issued final guidance which requires disaggregated disclosures of certain categories of expenses that are included in expense line items on the face of the income statement. The disclosures are required on an annual and interim basis. The guidance also requires the total amount of selling expenses to be disclosed and, on an annual basis, the definition of selling expenses. | 2027 for annual reports and 2028 for interim reports. Early adoption is permitted. | This new guidance will result in increased disclosures in the notes to our financial statements. |
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