2. PRIOR PERIOD ADJUSTMENT Future incentive payments to customers have been presented as commitments through note disclosure rather than through a separate Commitment fund as in prior years. The Corporation uses the deferral method of reve...
AI summary The Corporation has changed its method of accounting for future incentive payments, presenting them as commitments through note disclosure rather than a separate fund. This change affects revenue and expense recognition, leading to a restatement of 2018 financial statements.
15. COST ALLOCATION METHODOLOGY Demand-Side Allocator Expenses subject to Allocation Management Fund Allocation Provincial Fund Allocation Other Business Fund Allocation Incentives Direct $ 29 $ 8 $ 21 $ - Information technology FTE 495 32...
AI summary The document outlines the cost allocation methodology used by the Corporation, detailing how expenses are distributed across different funds, including the Demand-Side Management (DSM) Fund, Provincial Fund, and Other Business Fund. It provides a breakdown of various expenses such as incentives, information technology, marketing, and salaries.
The costs in each fund include direct costs of the programs which are comprised of, but not limited to, customer payments, program support costs, and other program and administrative costs directly attributable to a program. The Corporatio...
AI summary The document outlines how the Corporation allocates both direct and non-direct costs across various programs, using FTEs and direct costs as defined in the ENSC Cost Allocation Methodology Report. These allocations are subject to regular review by the UARB.