...BACKGROUND P&C, Inc (PC) operations occasionally result in contaminated soil at the company’s US based factories. PC company policy allows contamination cleanup when required by environmental legislation. The company also needs to install smoke filtering systems before the law is instituted early next year. PC is concerned with the financial accounting treatment for two environmental issues: (a) environmental cleanup, and (b) smoke filter installation for year 20x2. Both issues, if not resolved, could lead to legal action against PC if not followed by a prescribed date. The Company needs to determine if the contaminated soil and smoke filter requirement should be disclosed on the financial statements as an asset retirement obligation, loss contingency, or an environmental obligation. APPLICABLE AUTHORITATIVE LITERATURE FASB Accounting Standards Codification (ASC) 410 Asset Retirement and Environmental Obligations FASB Accounting Standards Codification (ASC) 450 Contingencies DISCUSSION OF ALTERNATIVES The following section will address the alternative treatments accounting for both the remedial action and smoke filtration system under US GAAP. Recording both issues as a loss contingency will be discussed first, followed by soil contamination as environmental remediation, then applying the asset retirement obligation treatment for pollution from normal operations. Alternative 1: Contaminated Soil and Smoke Filter Disclose both environmental issues...
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...Marco Crespo Professor Joyce Martin En12 07 February, 2014 Phytoremediation: Seeing Through a Beneficial Solution An accident happened on April 26, 1986, when a unexpected surge of power during a system test destroyed unit 4 of the nuclear power station at Chernobyl in Ukraine, former Soviet Union. A devastating amount of radioactive material was released into the environment. 30 kilometres around the plant around the plant was closed after the accident. About one hundred fifteen thousand people were evacuated around 1986 and in the following years, about two hundred thousand more were also forced to vacate. Sadly, the problem did not end there. Three years after the incident, the International Atomic Energy Agency (IAEA) assessed the situation around the Chernobyl. Toxic metals and radioactive emission like iodine, cesium-137, plutonium and strontium were found in the plants, soil and even animals. Ever since 1991, the Canadian Nuclear Association also noted that there is a sudden increase in the rate of thyroid cancer. This is happened because cesium-137 or radioactive cesium, with a mass number of 137, has the capability to enter the food chain and can be delivered around an internal dosage of radiation before it can be metabolically eliminated. To prevent this from spreading, livestock were only fed plants that are uncontaminated or plants that cannot accumulate heavy metals. After that, a method was introduced to clean the soil from the toxins. This is called...
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...SOIL ECOLOGY AND BIOREMIDIATION Faculty of Engineering and Architecture CIVE 652-Environmental biotechnology By: Contents INTRODUCTION 3 SOIL MICROORGANISMS 3 Bacteria and Actinomycetes 3 Protozoa 3 Algae 4 Fungi 4 Macrofauna and Mesofauna 4 SOIL UNDER OXIC AND ANOXIC CONDITIONS 4 SOIL CYCLES 5 Carbon Cycle 5 Nitrogen Cycle 6 Sulfur Cycle 7 SOIL POLLUTION 7 Main Causes of Soil Pollution: 7 Main Effects of Soil Pollution: 7 SOIL BIOREMEDIATION 8 EX SITU REMEDIATION TECHNIQUES 8 EX SITU NON-BIOLOGICAL REMEDIATION TECHNIQUES 9 1) Ex situ thermal processes 9 2) Ex situ chemical/physical remediation ( Soil scrubbing ) 9 EX SITU BIOLOGICAL REMEDIATION TECHNIQUES 9 1) Composting 10 2) Land farming 11 3)Biopiling ( Heap technique) 12 4) Bioslurry reactor 13 IN SITU REMEDIATION TECHNIQUES 13 IN SITU BIOLOGICAL REMEDIATION TECHNIQUES 14 1) Bioventing 14 2) Biosparging 15 3) Bioaugmentation: 15 4)Biostimulation 15 4) Bioslurping : 16 5) Phytoremediation 16 IN SITU NON-BIOLOGICAL REMEDIATION TECHNIQUES 16 1) In situ thermal processes 16 2) In situ chemical/physical process: Pump and treat processes 16 INFLUENCING FACTORS 16 CONCLUSION 17 Table of figures: Figure 1. Soil microorganisms pie chart 3 Figure 2. Acquisition of phosphate by Mycorrhizal roots………………………………...3 Figure 3. Mycorrhizal roots……………………………………………………………….4 Figure 4. Carbon Cycle 5 Figure 5. Nitrogen Cycle 6 Figure...
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...Bioremediation is the use of microorganism metabolism to remove pollutants. Technologies can be generally classified as in situ or ex situ. In situ bioremediation involves treating the contaminated material at the site, while ex situ involves the removal of the contaminated material to be treated elsewhere. Some examples of bioremediation technologies are phytoremediation, bioventing, bioleaching, landfarming, bioreactor, composting, bioaugmentation, rhizofiltration, and biostimulation. Bioremediation can occur on its own (natural attenuation or intrinsic bioremediation) or can be spurred on via the addition of fertilizers to increase the bioavailability within the medium (biostimulation). Recent advancements have also proven successful via the addition of matched microbe strains to the medium to enhance the resident microbe population's ability to break down contaminants. Microorganisms used to perform the function of bioremediation are known as bioremediators.[1] Not all contaminants, however, are easily treated by bioremediation using microorganisms. For example, heavy metals such as cadmium and lead are not readily absorbed or captured by organisms. The assimilation of metals such as mercury into the food chain may worsen matters. Phytoremediation is useful in these circumstances because natural plants or transgenic plants are able to bioaccumulate these toxins in their above-ground parts, which are then harvested for removal.[2] The heavy metals in the harvested biomass...
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...the use of biological systems and bioremediation to degrade, modify, move, transform or sequester environmental contaminants. Traditional methods of remediation include chemical and physical processing and are often plagued with problems such as the creation of toxic bi-products and environmental damage. Bioremediation of a site offers the advantages of lower costs, environmental soundness, insitu or exsitu solutions, higher aesthetics, and increased public acceptance. The following will focus on how microorganisms can be used and manipulated to remediate various sites of environmental contaminants. Bioremediation Definition Bioremediation is the use of microbes, fungi or plants to remove toxic contaminants from a site. This can be accomplished in situ or ex situ. In situ bioremediation involves remediating the contaminant at the site of contamination. In situ remediation requires extensive monitoring to ensure the success of the remediation effort and to control environmental impacts. Ex situ remediation involves removing the contaminants from the site and treating them at a processing location in a bioreactor. While this method may be more financially and environmentally costly, it allows more control over the remediation process. This includes setting growth conditions in the reactor and choosing foreign or engineered microbes that may be more efficient at remediating than native organisms. Advantages Interest in bioremediation has increased in recent years as...
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...ENVIRONMENTAL RESPONSE DIVISION DESIGN, O & M UNIT FUNDAMENTAL PRINCIPLES OF BIOREMEDIATION (An Aid to the Development of Bioremediation Proposals) APRIL 1998 S:\CP\BIOREM\NEW_BIO.DOC TABLE OF CONTENTS Foreword ----------------------------------------------------------------------------------------------------------------------- iv I. INTRODUCTION --------------------------------------------------------------------------------------- 1 II. POTENTIAL ADVANTAGES AND DISADVANTAGES OF BIOREMEDIATION TECHNOLOGIES ------------------------------------------------------------------------------------------- 2 III. IV. A. B. C. D. E. PRESUMPTIVE EVIDENCE FOR BIOREMEDIATION ----------------------------------- 3 GLOSSARY OF TERMINOLOGY -------------------------------------------------------------- 3 Intrinsic Bioremediation --------------------------------------------------------------------------------------------- 4 Engineered Bioremediation ----------------------------------------------------------------------------------------- 4 Combination of Technologies-------------------------------------------------------------------------------------- 4 In Situ Bioremediation ------------------------------------------------------------------------------------------------ 4 Ex Situ Bioremediation ----------------------------------------------------------------------------------------------- 4 V. MICROBIAL ECOLOGY -----------------------------------------------------------------------------...
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...Anaerobic bioremediation of groundwater contaminated by chloroethenes Introduction Chloroethenes, such as tetrachloroethylene (PCE) and trichloroethylene (TCE) are one of the contaminants in soil and groundwater which is a significant problem domestically and internationally. Without extracting these contaminants from the ground, the in-situ treatment which directly degrades contaminants in soil or groundwater is now closely watched as an economical remediation technique. Especially, the in-situ bioremediation which degrades contaminants in-situ by activities of microbes is a safer and more economical technique than the physicochemical one and is being developed for practical application. This paper describes that anaerobic bioremediation which cleans up soil and groundwater contaminated by chloroethene such as TCE in-situ by anaerobic bacteria. 1. Degradative mechanism Anaerobic bioremediation is a remediation technique which injects organics, which become electron donors, together with nutrient salts such as nitrogen and phosphorus into groundwater and degrades contaminants by anaerobic bacteria. It is known that PCE and TCE are dechlorinated reductively by anaerobic bacteria and degraded into dichloroethylene (DCE), vinyl chloride (VC), ethylene and likewise, ethane (Fig. 1). Various types of anaerobic bacteria can degrade not only PCE and TCE but also cis-1,2-DCE. Its speed of degradation is relatively fast. On the other hand, by using cis-1,2- DCE and...
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...se BSG – 306 – Fall Semester / 2012 - 2013 [pic] Progress Report / Project / Presentation Course Title: Business Communication Course Number: BSG – 306 Number of Credits: 3 – 3 – 0 Pre-requisites: BSG – 201 and ENL – 102 Name of the Professor: Dr. Naseer Khan, naseerkhan@agu.ac.ae Class Timing: 13.30 to 14.45 hours on Monday and Wednesday 19.30 to 20.45 hours on Sunday and Tuesday Sections: 51 Morning and 1 Evening Hand in date: Progress Report – 24.10.2012 Final Project – 31.10.2012 and Presentation – 28.11.2012 Hand out date: 23rd September, 2012 Hand in time of presentation: Hard copy Project Number: ONE Allocation of Marks: 15 (Progress Report 5marks, Final Project 5marks and Presentation 5 marks) Note: Copying from any source will be awarded zero Name of the student: Id. #: Name of the Project: “Business Communication Issues in an Organization” Introduction: The aim of this Project is to introduce you to the subject of Business Communication and how it is practiced in the real business / organization. Business Communication...
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...EMSE 6850 Introduction to Management Science Year 2013 – 2014 First deadline is 31st December 2013 Absolute deadline is 5th January 2014 Assessment You are required to prepare a business report on a Management Science related problem of your choice. The report should be a self-contained (3000 words max) document explaining the problem; the method of your choice with justification; application analysis and outcomes. The maximum number of words is 3000 words but you are allowed to add any appendices should you deem necessary. The contents should be as follows: Executive Summary One page description of the business problem tackled, the MS approached used, and outcomes. Document signposts Table of contents and tables of figures and tables (if needed). Use of citation and references as appropriate. Introduction A description of the business problem faced and the objectives as laid down by the management group. You may refer to Hillier and Hillier for help in describing the problem. Method used Present the MS method used and why you thought it was the most appropriate amongst other methods. Your justification of the choice is an important part of your assessment Implementation A description of how the raw problem is converted into a spreadsheet model. Please provide details of the raw data and the steps followed for populating it in Excel Analysis Provide alternative solutions and scenarios and their respective outcomes. This should be accompanied by a...
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...at your job. When you are a teacher, the other teachers are your colleagues. When you work as a cashier at 7-11, the guy at the deli counter is your colleague as well. Comprise - to include or contain: The Soviet Union comprised several socialist republics. Phenomenon – a fact, occurrence, or circumstance observed or observable: to study the phenomena of nature. Publication - the act of publishing a book, periodical, map, piece of music, engraving, or the like. Retain - to keep possession of. Social – pertaining to, devoted to, or characterized by friendly companionship or relations: a social club. tend - To have the care of; watch over; look after: tend a child. Various - Being more than one; several. CHAPTER III Methodology The researcher gathered data from its respondents by using Analytical method on the data presented.We can use also use Descriptive Method because we have to describe every detail of gathering data. The questionnaires were given to thirty (30) selected students. They were asked to fll-up the survey forms in their most honest way. They were able to answer the ten (10) simple questions in 10 minutes and immediately handed over to the researcher the questionnaires. The researcher thanked them to their utmost cooperation and understanding. Formula: Total no. of respondents who answered yes or no X100=percentage Total no. of respondents C. Questionnaires 1. What is your gender? 2. Do you have facebook? ...
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...Guido L. Geerts, author of “A Design Science Research Methodology and Its Application to Accounting Information Systems Research,” asserts most of research currently conducted in the accounting information systems (AIS) and information systems (IS) areas focuses on understanding why things work the way they do, also known as “natural science (Geerts, 2011).” The primary goal of the paper was to introduce the design science research methodology (DSRM) into accounting information systems (AIS) literature by discussing the DSRM, applying the DSRM to different AIS design science papers, and then integrating the DSRM as part of the operational AIS literature (Geerts, 2011). “Currently, integration is increasingly needed in the business environment. This need emerges from the efficiency and synergy requirements necessary in a complex and turbulent environment. In other words, integration is needed to facilitate coordination, which is again related to the building of competitive advantage.” (Granlund & Malmi, 2002, p. 305). Detail Geerts’ introduction gives definitions and history of the concept of DSRM and AIS so that the reader may transition along with the article. There is discussion of each methodology giving the history and the science behind it and then he moves into how the application of DSRM was discussed in the AIS area. According to Geerts the DSRM has three objectives and aims at improving the production, presentation, and evaluation of design science research...
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...A. Introduction Employee satisfaction has been defined as a function of perceived performance and expectations. It is a persons’ feeling of pleasure or disappointment resulting from comparing a products’ outcome to his/her expectations. If the performance falls short of expectations, the employee is dissatisfied and if it matches the expectations, the employee is satisfied. A high satisfaction implies improvement in efficiency and performance doing work or service. The process is however, more complicated then it appears. It is more important for any organization to offer high satisfaction, as it reflects high loyalty and it will not lead to switching over once a better offer comes in. B. Research Problem Employees are the basis of every organization. Recruiting and retaining knowledgeable people for the job is essential for an employer. But it works only if employee satisfaction is considered more important because of it employees attracted and not leave the company. It is require studying the various factors to assess employee satisfaction level. C. Research Questions 1. What is the current employee satisfaction approached used 2. What is the perception of the consumers in terms of the employee satisfaction rates? 3. What do you think should be included in the Employee Satisfaction Index System that will serve as guidelines? 4. What are the ways that the management can do to effectively implement employee satisfaction index system? D. Research Objectives ...
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...the publication of Ball and Brown’s seminal work in 1968, accounting research moved into positive research (i.e., examining what is rather than what should be). Although this change has had its critics, it has resulted in a significant increase in research output (and many new journals). A cynical definition of research is: any paper that cites a lot of other accounting papers must be accounting research. This “quick and dirty” definition restricts accounting research to topics and methodologies that are well established in the literature; it is “safe” but somewhat limiting. More rigorously, Oler, Oler, and Skousen (2009) attempt to characterize accounting research by looking at the topics, research methodologies, and citations made by papers published in a set of six top accounting journals (AOS, CAR, JAE, JAR, RAST, and TAR). Their work can be criticized, though, because they do not consider all accounting journals, and because their categorizations of topics (6 of them) and research methodologies (7 of them) are broad. In spite of shortcomings, their paper appears to be the first that attempts to characterize and define accounting research, which they define as follows: “accounting research is research into the effect of economic events on the process of summarizing, analyzing, verifying, and reporting standardized financial information, and on the effects of reported information on economic events.” Professors typically will...
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...CHAPTER 3 RESEARCH METHODOLOGY This chapter presents the method of research utilized in the study, the population, sample size, and sampling technique, description of the respondents, research instrument, data-gathering procedure, and statistical treatment used for data analysis. Research Method Used The descriptive method of educational research was employed in the study, since it describes what traits or what it is of a certain educational phenomenon. Borg defines the descriptive method as a distinctive research methodology of systematic data collection, presentation, and analysis. The method of research is concerned with conditions and relations that exist, practices that prevail, processes that are going on, point of view effects that are being felt, or trends that are developing. This method is the most appropriate method for this study, as Best asserts that the descriptive research goes beyond mere tabulation of data to the analysis and interpretation and meaning of what is being described. It involves a more in depth analysis through the use of numerical and comparative analysis. Population, Sample Size and Sampling Technique Table 1 Frequency and Percentage Distribution of Population and Sample |Course, Year and Section |Population |Sample |% | |BSMT-A1 |48 |12 ...
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...and checking on the financial analysis on the company using research methodologies. * The main objective of this project is to find the top most 20 vendor from a target of 60 for the company one of the leading windmill manufacturing companies and help them to generate transportation for windmill turbines. * The top 20 is evaluated using different criteria for evaluation. * From the 20 vendors a physical evaluation is done and top 3 is evaluated. * To finalize the parameters and criteria’s of evaluation jointly by RACE and one of the leading windmills manufacturing company team. PROBLEM DEFINANTION * One of the leading windmill manufacturing companies was facing a problem with the transportation vendors such as not reliable n on time delivery so one of the leading windmill manufacturing companies approached RACE Innovation to carry forward this project on getting the best top 20 vendors throughout the country. * Therefore RACE Innovations helps one of the leading windmill manufacturing company to get the top 20 vendors using various techniques. PROCESS: The process involves two stages: * Stage1: evaluation on the broader guidelines on viability of the vendor to suit one of the leading windmill manufacturing company’s transportation requirements. * Stage2: evaluation in detail on the screened top 20, further rating them on the below evaluation criteria. METHODOLOGY * The analysis is done by using different methods of research techniques...
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