Note 2 - Summary of Significant Accounting Policies: Impairment of Long Lived Assets (Policies)	3 Months Ended
Dec. 31, 2013
Policies
Impairment of Long Lived Assets	Impairment of Long Lived Assets Long-lived assets are reviewed for impairment in accordance with the applicable FASB standard, "Accounting for the Impairment or Disposal of Long- lived Assets". Under the standard, long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. An impairment charge is recognized for the amount, if any, which the carrying value of the asset exceeds the fair value.

Note 2 - Summary of Significant Accounting Policies: Impairment of Long Lived Assets (Policies)

3 Months Ended

Dec. 31, 2013

Impairment of Long Lived Assets

Long-lived assets are reviewed for impairment in accordance with the applicable FASB standard, "Accounting for the Impairment or Disposal of Long- lived Assets". Under the standard, long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. An impairment charge is recognized for the amount, if any, which the carrying value of the asset exceeds the fair value.

- Definition

Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.

+ References+ Details

First Power & Light, Inc. 10-Q