Search results
Results from the WOW.Com Content Network
The SEEA-Water covers all of the stocks and flows associated with water, which are organized in two main systems, the Inland Water Resources System and the Water Use System or Economy. [6] The Inland Water Resources System includes all the elements of the natural hydrologic cycle: precipitation, evapotranspiration, surface water, groundwater, etc.
Environmental full-cost accounting (EFCA) is a method of cost accounting that traces direct costs and allocates indirect costs [1] by collecting and presenting information about the possible environmental costs and benefits or advantages – in short, about the "triple bottom line" – for each proposed alternative.
Environmental accounting is a subset of accounting proper, its target being to incorporate both economic and environmental information. It can be conducted at the corporate level or at the level of a national economy through the System of Integrated Environmental and Economic Accounting, a satellite system to the National Accounts of Countries (among other things, the National Accounts produce ...
Specifications for pre-rinse spray valves and water softeners started development as of 2011. [8] [9] In June 2014, WaterSense began the certification of homes, designed to use 20% less water than standard new construction, as well as the accreditation of irrigation professionals for the installation, maintenance, design and auditing of systems ...
One of the most widely reported violation of accounting ethics involved Enron, a multinational company, that for several years had not shown a true or fair view of their financial statements. Their auditor Arthur Andersen , an accounting firm considered one of the " Big Five ", signed off on the validity of the accounts despite the inaccuracies ...
The code establishes standards for auditor independence, integrity and objectivity, responsibilities to clients and colleagues and acts discreditable to the accounting profession. The AICPA is responsible for drafting, revising and reissuing the code annually, on June 1. The current Code is available at the AICPA Web site. For older versions of ...
The city of Chicago has one of the highest total sales tax of all major U.S. cities (10.25%). [108] It was previously this high (10.25%), however, it was reduced when Cook County lowered its sales tax by 0.5% in July 2010, another 0.25% in January 2012, and another 0.25% in January 2013. [109]
For example, a futures contract on a zero-coupon bond will have a futures price lower than the forward price. This is called the futures "convexity correction". Thus, assuming constant rates, for a simple, non-dividend paying asset, the value of the futures/forward price, F(t,T) , will be found by compounding the present value S(t) at time t to ...