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Solar Industry
With the passage of the American Recovery and Reinvestment Act of 2009 (ARRA), many renewable energy firms jumped on the opportunity to apply this boost to their bottom line - so long as they were able to meet the job-creation requirements and other criteria. Now the cash grant for alternative energy projects have expired you may wonder if alternative energy is a good alternative for you. Alternative energy feasibility is largely driven by the states, and many states have alternative energy mandates already in place (California must get 33% of its energy supply from renewable sources by 2020 and Nevada utilities are required to get 20% by 2015 and 25% by 2025.) 
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Mike Hoffman, CPA |
As prices in panels drop, investors are demanding more transparent accounting International Financial Reporting Standards (IFRS) and the solar industry Increasing transparency, improving control Long-term warranty arrangements make measuring revenue a challenge IFRS may prohibit repurchase arrangements in solar When restricted use is an element of your solar product transaction |
