Topic:"Right Of Way" in M13113

i. Measurement and recognition of leases At lease commencement date, the Organization recognizes a right-of-use asset and a lease liability on the statement of financial position. The right-of-use asset is measured at cost, which is made u...

AI summary The Organization recognizes a right-of-use asset and a lease liability at lease commencement date, measured at cost including initial direct costs, estimated dismantling costs, and lease payments made in advance, net of incentives.

iii. Impairment of assets IESO Nova Scotia reviews impairment indicators on long-lived assets and right-of-use assets annually or whenever events or changes in circumstances may indicate a possible impairment.

AI summary IESO Nova Scotia reviews impairment indicators on long-lived and right-of-use assets annually or when events suggest possible impairment.