Fund accounting - a) The Demand‐Side Management Fund ("DSM") is used to account for the operations of the Corporation including reporting the fee‐for‐service revenues as received from NS Power with expenses approved annually by the Nova Sc...
AI summary The text outlines the structure and use of various funds managed by the Corporation, including the Demand-Side Management Fund, Provincial Fund, Commitment Fund, and Other Business Fund. Each fund serves distinct purposes, such as managing fee-for-service revenues, covering capital asset costs, and accounting for future incentive payments.
Revenue recognition The Corporation follows the deferral method of accounting for Efficiency Nova Scotia revenue. Restricted revenue is recognized as revenue in the year in which the related expenses are incurred. Interest revenue on inter...
AI summary The Corporation uses the deferral method for recognizing Efficiency Nova Scotia revenue, recognizing it in the year related expenses are incurred. Interest revenue on interest-bearing deposits is recognized in the year it is earned, either in the DSM Fund or PNS Fund.
De d‐S de i ma n Ma nt na ge me l Pro vin cia d Fu n d Fu n 20 18 20 17 fo Fe ice e r s erv re ve nu e $ 34 92 0 , $ 22 58 8 , $ 57 50 8 , $ 5 3, 69 0 / ( fer l ) o f Re itio De co gn n ra nt cu rre ye ar rev en ue ( ) 1, 23 9 ( ) 6, 92 2...
AI summary The document presents financial data for the year ended December 31, 2018, including revenue figures and related adjustments. It includes notes to the financial statements, indicating the need for detailed analysis of revenue and expenses.