Examples of Prescribed Standards in a sentence
Create a Workflow Task (WFT) from the ROI SF, adding the Client Assist Admin asFollowers.
Application of the Nationally Prescribed Standards and the Lifetime Homes standard is encouraged in order to ensure that properties are suitable for the levels of occupancy which are required and provide suitable accommodation for changing needs throughout the life of the occupants.
IFRS 14 provides first-time adopters of IFRS an option to continue recognizing regulatory balances in accordance with the basis of accounting the first-time adopter used immediately before adopting IFRS, which in the case of the Company was the Prescribed Standards.
The preparation of financial statements in conformity with the Prescribed Standards requires management to make judgments, estimates and assumptions in respect of the application of accounting policies and the reported amounts of assets, liabilities, income and expenses.
In prior years, the Company prepared its consolidated financial statements in accordance with the accounting principles of IFRS, combined with regulatory accounting in accordance with Financial Accounting Standards Board Accounting Standards Codification 980 (ASC 980), Regulated Operations, except as specified in Treasury Board RegulationB.C. Reg 146/2011 section 5(3) (collectively the Prescribed Standards).
The original measurement categories under the Prescribed Standards and IAS 39 and the new measurement categories under IFRS 9 are NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED MARCH 31, 2019 AND 2018 summarized in the following table: There has been no change in the carrying value or fair value of the Company’s financial instruments or to previously reported figures as a result of changes to the measurement categories in the table noted above.
The Company has applied this exemption to existing asset retirement obligations recognized under the Prescribed Standards and to new obligations recognized on transition to IFRS.
As per Note 13, in accordance with Prescribed Standards and as approved by the BCUC, actuarial gains and losses, as summarized in Note 18(c) below, are deferred to the Non-Current Pension Cost regulatory account.
Please note that facilities must be provided in accordance with the Prescribed Standards for Licensed HMOs. Where facilities are deficient, the Council will either restrict the number of occupants and/or include conditions on the licence requiring the necessary improvements to the property.
Applicants are advised to refer to the Prescribed Standards for Licensed HMOs standards to ensure they have adequate space and amenities for the proposed maximum number of occupants.