v3.26.1
IMPACT OF RECENTLY-ISSUED ACCOUNTING STANDARDS
6 Months Ended
Jun. 30, 2026
IMPACT OF RECENTLY-ISSUED ACCOUNTING STANDARDS  
IMPACT OF RECENTLY-ISSUED ACCOUNTING STANDARDS

NOTE 17. IMPACT OF RECENTLY-ISSUED ACCOUNTING STANDARDS

In November 2024, the Financial Accounting Standards Board (“FASB”) issued a new standard on disaggregation of income statement expenses, which requires an entity to disclose, on an annual and interim basis, disaggregated information about certain income statement expense line items in a tabular format in the notes to the financial statements. The standard will be effective for annual reporting periods beginning after December 15, 2026 and for interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted, and may be applied either prospectively or retrospectively. The Partnership is currently evaluating the impact of the new rules on its disclosures.