| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements of the Company have been prepared
in accordance with accounting principles generally accepted in the United States of America. Because a precise determination of
many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves
the use of estimates, which have been made using careful judgment. Actual results may vary from these estimates. The financial statements have, in managements
opinion, been properly prepared within the framework of the significant accounting policies summarized below: Cash and Cash Equivalents Cash equivalents comprise certain highly liquid instruments
with a maturity of three months or less when purchased. Reclassification Certain amounts in the prior period financial statements
have been reclassified to conform to the current period presentation. These reclassifications had no effect on reported net income
or losses. Impairment of Long Lived Assets Long-lived assets are reviewed for impairment in accordance
with ASC Topic 360, "Accounting for the Impairment or Disposal of Long- lived Assets". Under ASC Topic 360, long-lived
assets are tested for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be
recoverable. An impairment charge is recognized or the amount, if any, which the carrying value of the asset exceeds the fair value. Foreign Currency Translation The Company is located and operating outside of the
United States of America. It maintains its accounting records in U.S. Dollars, as follows: At the transaction date, each asset, liability, revenue,
and expense is translated into U.S. dollars by the use of exchange rates in effect at that date. At the period end, monetary assets
and liabilities are re-measured by using the exchange rate in effect at that date. The resulting foreign exchange gains and losses
are included in operations. The Companys currency exposure is insignificant
and immaterial and we do not use derivative instruments to reduce its potential exposure to foreign currency risk. Financial Instruments The carrying value of the Company's financial instruments
consisting of cash equivalents and accounts payable and accrued liabilities approximates their fair value because of the short
maturity of these instruments. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant
interest, currency or credit risks arising from these financial instruments. Income Taxes The Company uses the assets and liability method of
accounting for income taxes in accordance with FASB Topic 740 "Accounting for Income Taxes". Under this method, deferred
tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial
statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are
expected to be recovered or settled. Basic and Diluted Net Loss Per Share In accordance with FASB Topic 260, "Earnings Per
Share', the basic net loss per common share is computed by dividing net loss available to common stockholders by the weighted average
number of common shares outstanding. Diluted net loss per common share is computed similar to basic net loss per common share except
that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential
common shares had been issued and if the additional common shares were dilutive. As at October 31, 2016, diluted net loss per share
is equivalent to basic net loss per share. Stock Based Compensation The Company accounts for stock options and similar
equity instruments issued in accordance with ASC Topic 718 Compensation- Stock Compensation. Accordingly, compensation costs attributable
to stock options or similar equity instruments granted are measured at the fair value at the grant date, and expensed over the
expected vesting period. Transactions in which goods or services are received in exchange for the issuance of equity instruments
are accounted for based on the fair value of the consideration received or the fair value of the equity instruments issued, whichever
is more reliably measurable, ASC Topic 718 requires excess tax benefits be reported as a financing cash inflow rather than as a
reduction of taxes paid. The Company did not grant any stock options during
the period ended October 31, 2016. Comprehensive Income The Company adopted FASB Topic 220- Comprehensive Income,
which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. The Company
is disclosing this information on its Statement of Stockholders' Equity. Comprehensive income comprises equity except those resulting
from investments by owners and distributions to owners. The Company has no elements of "other comprehensive
income" during the period ended October 31, 2016. Advertising Expenses The company expenses advertising costs as incurred.
There was no advertising expense incurred by the company during the period ended October 31, 2016. New Accounting Standards In August, 2014, the Financial Accounting Standards
Board ("FASB") issued Accounting Standards Update (ASU) No. 2014-15, Presentation of Financial Statements-Going Concern
(Subtopic 205-40), which now requires management to evaluate whether there are conditions or events, considered in the aggregate,
that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date the financial
statements are issued. If conditions or events raise substantial doubt about an entity's ability to continue as a going concern,
and substantial doubt is not alleviated after consideration of management's plans, additional disclosures are required. The amendments
in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter.
Early application is permitted. These requirements were previously included within auditing standards and federal securities law,
but are now included within U.S. GAAP. We are currently assessing the impact of the adoption of ASU No. 2014-15 on our financial
statements and disclosures. In June 2014, the FASB issued ASU No. 2014-10, Development
Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest
Entities Guidance in Topic 810, Consolidation. The amendments in this Update remove the definition of a development stage entity
from the Master Glossary of the Accounting Standards Codification, thereby removing the financial reporting distinction between
development stage entities and other reporting entities from U.S. GAAP. For public business entities, those amendments are effective
for annual reporting periods beginning after December 15, 2014, and interim periods therein. Early application of each of the amendments
is permitted for any annual reporting period or interim period for which the entitys financial statements have not yet been
issued (public business entities) or made available for issuance (other entities). Upon adoption, entities will no longer present
or disclose any information required by Topic 915. The Company believes that there were no other accounting
standards recently issued that had or are expected to have a material impact on our financial position or results of operations. |
