This fictional case is based on the real-world events when a Canadian public electric utility company adopted IFRS. Many of these firms previously used US GAAP. In this context, the case gives students the opportunity to research key differences between IFRS and US GAAP relevant to utility industries, discuss the impact of IFRS standards on a firm's performance, and make recommendations on important business decisions. Specifically, this case exposes students to (i) the rate-regulated electric utility industry and complex regulatory deferral accounts; (ii) the impact of IFRS adoption on key financial ratios and bond issuance decisions; and (iii) a what-if analysis in making business decisions under the new IFRS 16 standard. This case is suitable for use in undergraduate or graduate intermediate level financial accounting courses. It can also be explored in an advanced level or public sector accounting class.

中文翻译：

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Big Town Hydro：会计选择案例*

这个虚构的案例基于加拿大公共电力公司采用 IFRS 时的真实事件。许多这些公司以前使用美国公认会计原则。在此背景下，该案例让学生有机会研究与公用事业行业相关的 IFRS 和美国 GAAP 之间的主要差异，讨论 IFRS 标准对公司业绩的影响，并就重要的业务决策提出建议。具体来说，这个案例让学生接触到 (i) 受费率监管的电力行业和复杂的监管递延账户；(ii) 采用国际财务报告准则对关键财务比率和债券发行决策的影响；(iii) 在新的 IFRS 16 准则下做出业务决策时的假设分析。本案例适用于本科或研究生中级财务会计课程。