Topic:"Accounting Policies" in M12743

CI C0068714 – IT – Identity and Access Management (NSEB M12743) NSPI Responses to Nova Scotia Department of Energy Information Requests 1 Request IR-9: 2 3 Considering these similar projects completed between 2022 and 2023, what is their 4...

AI summary Nova Scotia Power Inc. (NSPI) responds to requests regarding the remaining useful life of assets from previous projects and the reasons for implementing a new Identity and Access Management (IAM) project. NSPI explains that older projects will be replaced with a modernized SaaS solution and highlights the need for updated IAM capabilities due to evolving cybersecurity threats.

NON-CONFIDENTIAL 1 Request IR-4: 4 framework as a partnership to operate and maintain IAM practices which will effectively 5 allow NS Power to outsource elements of cybersecurity. 6 7 (a) Please confirm that this investment is a service th...

AI summary The document outlines a request and response regarding NS Power's investment in a cybersecurity framework involving Saviynt. The response confirms that NS Power is capitalizing the investment and retains control over its data, with Saviynt acting as a data processor.

DATE FILED: July 7, 2026 Page 3 of 17 1 2.0 RESPONSE TO CA SUBMISSIONS 2 3 The CA's submissions raise three concerns and two recommendations, including: 4 5 • the prudency of replacing NS Power's prior PAM solutions with a SaaS-based alter...

AI summary The CA raises concerns about NS Power's decision to replace its prior PAM solution with a SaaS-based alternative, questioning the prudency of the move and the accounting implications. NS Power disagrees with recommendations to disallow AFUDC and amend the requested contingency.

approved service periods and will not be retired early for accounting purposes. Upon full amortization, they will be retired in accordance with Accounting Policy 6420, and no unrecovered net book value will remain. Ibid.

AI summary The text discusses the accounting treatment of assets, stating that they will not be retired early and will be fully amortized according to Accounting Policy 6420, ensuring no unrecovered net book value remains.

Issues Raised by Intervenors The CA and SBA raised several similar concerns with NS Power's application. Intervenors questioned the prudence of replacing the existing on-premise PAM solution because it had not reached the end of its useful...

AI summary Intervenors raised concerns about the prudence of replacing NS Power's existing PAM solution, questioning the need for replacement as the system had not reached the end of its useful life. They also questioned the continued amortization of unused PAM assets. NS Power explained that the existing systems no longer receive vendor support and that cloud-based solutions are now the norm, justifying the replacement and use of amortization accounting as approved in GRA M12451.

ning when the project was fully deployed, the amount of the contingency budget spend, and whether NS Power anticipates the project has or will be completed within the budget approved in this decision. The CA said the existing PAM system is...

AI summary The document discusses the depreciation of the existing PAM system, the CA's recommendation to remove it from the rate base, and the Board's direction for NS Power to use a variation of TCO and Economic Analysis Models to reflect the actual service life of the IAM system. The Board also notes that depreciation issues are typically addressed in general rate applications.