Friday's constructive order from the North Carolina Utilities Commission in the Duke Energy Progress rate case effectively allows recovery of a majority of the utility's historical costs
related to coal ash basin closures, Arnold tells investors in a research note.
Although it is objective and reliable and no shortage of followers, assessment based on historical costs
began to lose more and more ground in recent years because the body to normalize US FASB and the International IASB, promoted increasingly the concept of fair value.
in Kazakhstan in 2015, as well as a decrease in compensation crude oil volume from West Qurna-2 project in Iraq due to the reimbursement of a larger amount of historical costs
Despite this, fair value reporting has its share of detractors, who believe that historical costs
still embody the most logical measurement basis for financial statement presentation.
* Familiar and traditional accounting principles, such as historical costs
and the matching of revenues and expenses, are the foundation of the proposed framework.
Statoil will finance the geophysical operations in their entirety, compensate Rosneft for historical costs
and pay 33.3% of licence acquisition costs.
The law introduces the concept "historical costs
", which payment terms should be stipulated in the license agreement, while the cost is calculated in accordance with the rules approved by the Kyrgyz government.
The counterparty would also pay its pro-rata share of certain historical costs
incurred last year as FOGL was making preparations for drilling.
28 December 2011 - Norwegian Panoro Energy ASA (OSL:PEN) said today it had completed the sale of a 35% interest in three shallow-water exploration licences offshore Brazil and had received USD14.5m for historical costs
on the blocks.
The historical costs
of the picture can be obtained directly from the client or studio if it is a matter in which historical data can be relied upon.
Another major issue related to historical costs
is the accurate posting of material and subcontractor costs, as well as the proper maintenance of past vendor history.
Specifically, if the FASB continues its current depreciation recommendations for long-lived assets, with historical costs
serving as the basis for the calculation, it is simply reinforcing its longstanding policy.