During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Account...During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Accounting Standards （IAS） 39, because it is believed that this delay might generate pro-cyclical effects. In response to the recommendations of G20, Financial Crisis Advisory Group （FCAG）, and other international bodies, the International Accounting Standards Board （IASB） has undertaken, since 2009, as a part of the project to replace IAS 39, a project （partially shared with Financial Accounting Standards Board （FASB）） aimed at introducing an expected loss model of impairment. Within the scope of this subset project, the IASB has previously issued two exposure documents proposing models to account for expected credit losses： an exposure draft （ED） Financial Instrument： Amortized Cost and Impairment, published in November 2009, and a supplementary document （SD） Financial Instrument： Impairment, published jointly with the FASB in January 2011. However, neither of the two proposals received strong support from interested parties. Recently, the IASB, after the FASB＇s decision to withdraw from the joint project and to develop a separate expected credit loss model based on a single measurement approach consisting in the sole recognition of lifetime expected credit losses, published a third proposal--Ahe so-called expected credit losses model （ED/2013/3 Financial Instruments： Expected Credit Losses）.展开更多
In India most part receives 4 - 7 kWh of solar radiation per square meter per day with 200 - 250 sunny days in a year. Tamilnadu state also receives the highest annual radiation in India. In this paper, the grid conne...In India most part receives 4 - 7 kWh of solar radiation per square meter per day with 200 - 250 sunny days in a year. Tamilnadu state also receives the highest annual radiation in India. In this paper, the grid connected photovoltaic plant has a peak power of 80 KWp supplies electricity requirement of GRT IET campus during day time (7 hrs) and reduces load demand and generates useful data for future implementation of such PV plant projects in the Tamilnadu region. Photovoltaic plant was installed in April 2015, monitored during 6 months, and the performance ratio and the various power losses (power electronics, temperature, soiling, internal, network, grid availability and interconnection) were calculated. The PV plant supplied 64,182.86 KWh to the grid from April to September 2015, ranging from 11,510.900 to 10,200.9 kWh. The final yield ranged from 143.886 (h/d) to 127.51 (y/d), reference yield ranged from 201.6 (h/d) to 155.31 (h/d) and performance ratio ranged from 71.3% to 82.1%, for a duration of six months, it had given a performance ratio of 83.82%, system efficiency was 4.16% and the capacity factor of GRT IET Campus for six months was 18.26%. Payback period in years = 9 years 4 months, energy saving per year = 204,400 KWh, cost reduction per year = 1,737,400, Indian rupee = 26,197.30 USD and total CO<sub>2</sub> reductions per year = 102,200 tons CO<sub>2</sub>/year.展开更多
文摘During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Accounting Standards （IAS） 39, because it is believed that this delay might generate pro-cyclical effects. In response to the recommendations of G20, Financial Crisis Advisory Group （FCAG）, and other international bodies, the International Accounting Standards Board （IASB） has undertaken, since 2009, as a part of the project to replace IAS 39, a project （partially shared with Financial Accounting Standards Board （FASB）） aimed at introducing an expected loss model of impairment. Within the scope of this subset project, the IASB has previously issued two exposure documents proposing models to account for expected credit losses： an exposure draft （ED） Financial Instrument： Amortized Cost and Impairment, published in November 2009, and a supplementary document （SD） Financial Instrument： Impairment, published jointly with the FASB in January 2011. However, neither of the two proposals received strong support from interested parties. Recently, the IASB, after the FASB＇s decision to withdraw from the joint project and to develop a separate expected credit loss model based on a single measurement approach consisting in the sole recognition of lifetime expected credit losses, published a third proposal--Ahe so-called expected credit losses model （ED/2013/3 Financial Instruments： Expected Credit Losses）.
文摘In India most part receives 4 - 7 kWh of solar radiation per square meter per day with 200 - 250 sunny days in a year. Tamilnadu state also receives the highest annual radiation in India. In this paper, the grid connected photovoltaic plant has a peak power of 80 KWp supplies electricity requirement of GRT IET campus during day time (7 hrs) and reduces load demand and generates useful data for future implementation of such PV plant projects in the Tamilnadu region. Photovoltaic plant was installed in April 2015, monitored during 6 months, and the performance ratio and the various power losses (power electronics, temperature, soiling, internal, network, grid availability and interconnection) were calculated. The PV plant supplied 64,182.86 KWh to the grid from April to September 2015, ranging from 11,510.900 to 10,200.9 kWh. The final yield ranged from 143.886 (h/d) to 127.51 (y/d), reference yield ranged from 201.6 (h/d) to 155.31 (h/d) and performance ratio ranged from 71.3% to 82.1%, for a duration of six months, it had given a performance ratio of 83.82%, system efficiency was 4.16% and the capacity factor of GRT IET Campus for six months was 18.26%. Payback period in years = 9 years 4 months, energy saving per year = 204,400 KWh, cost reduction per year = 1,737,400, Indian rupee = 26,197.30 USD and total CO<sub>2</sub> reductions per year = 102,200 tons CO<sub>2</sub>/year.
