Kineticor 1
Joe D'Angelo is the Controller of Kineticor Asset Management. Based in Calgary, he is in the midst of completing the 2023 financial statements for the company. Of concern is how to account for the carbon credits that have been generated and are in his company's name given that there are no firm accounting guidelines for carbon credits under IFRS. Visit casenet.ca for more free, open access decision focused video teaching cases from Acadia University.
Interviewee
Joe D'Angelo
Company
Industry
Business Activity
Kineticor Inc.
Power Generation
Power Generation
Headquarters
Calgary, Canada
Size
Small
Employees
Fewer than 25
Greater than $25 million
Yearly Revenue
Private Company
Type of Entity
Subject
Accounting
Level of Difficulty
Medium
Teaching Objectives
Learn about carbon capture accounting
Keywords
Carbon credits
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