Topic:"Depreciation Amortization" in M03259

Matter: P-111.6 - Nova Scotia Power Inc. - NSPI Accounting Policy and procedures Manual - Accounting Policy 6960 - Accounting for Financial Instruments and Hedges

1 passage 1 document

Depreciation Amortization across all matters →

N-2NSPI Amendment to Accounting Policy 6960 for financial instruments and hedges 6/30/2010 1 passage

TRANSITIONAL PROVISIONS p. p. 9

TRANSITIONAL PROVISIONS - 34 This policy is effective January 1, 2011 and should be applied retroactively with restatement of prior periods except as outlined below. - 35 Any item of property, plant and equipment, construction work-in-prog...

AI summary The transitional provisions outline retroactive application of a policy effective January 1, 2011, with exceptions. Prior assets/liabilities are translated using pre-2011 exchange rates. Transitional adjustments from foreign exchange rate changes are deferred and recognized in foreign exchange expense as derivatives settle. Other adjustments are deferred and expensed over derivatives' weighted average life. No restatement of pre-2011 net earnings.

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