General Index of Financial Information Notes to the financial statements recorded as direct increases or decreases to net assets. 2. SIGNIFICANT ACCOUNTING POLICIES (continued) Expense recognition The Corporation recognizes incentive costs...
AI summary The document outlines Nova Scotia Power Inc.'s accounting policies, including expense recognition for incentive costs, cloud computing arrangements, cash management, financial instruments, impairment testing, related party transactions, and investment valuation methods. Key areas covered are amortized cost measurements, fair value adjustments, and treatment of financial assets and liabilities.