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Topic:"Accounting Standards" in M06733

Matter: E-ENS-R-15 - EfficiencyOne Application for approval of a Supply Agreement for Electricity Efficiency and Conservation Activities between Efficiency One and Nova Scotia Power Inc.- NSPI - 2016-2019 DSM Plan IN THE MATTER OF AN APPLICATION for Approval of a Supply Agreement for electricity efficiency and conservation activities between EfficiencyOne and Nova Scotia Power Incorporated, the establishment of a final agreement between the parties, and approval of a 2016-2018 Demand Side Management Resource Plan
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E-1EfficiencyOne Application - Revised Application see Exhibit E-43 1 passage
(3) Accounting Standards p. pp. 242-244
(3) Accounting Standards EfficiencyOne prepares its financial statements in accordance with Canadian Accounting Standards for NPO' s. Management must ensure that the establishment of the reserves as presented meets these requirements. We h...

AI summary EfficiencyOne is preparing its financial statements according to Canadian accounting standards for non-profit organizations. A reserve fund is being established to cover potential severance costs, loss of funding, and external factors that may impact program offerings. The reserve balance of $9,003,018 for 2024 is deemed plausible, but it is recommended that the reserve components be reviewed annually and approved by the Board of Directors.

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