Issues in Accounting Theory and Practice ( National Greenhouse Accounts Factor) - Case Study Example

Only on StudentShare

Extract of sample
Issues in Accounting Theory and Practice ( National Greenhouse Accounts Factor)

The greenhouse gases include methane, carbon dioxide, specified hydrofluorocarbons, nitrous oxide, sulphur hexafluoride and specified perfluorocarbons. There are four methods used to conclude scope 1 emissions. The first one is fuel combustion that focuses on fuel combustion and the emissions it releases. There is ‘emissions of industrial processes’ that deals with greenhouse gases resulted from carbonates consumption and using fuels as carbon reductants or feedstock. It also focuses on the release of synthetic gases in certain cases. Another method used in scope 1 fuels’ fugitive emissions, which focus on emissions from the removal, manufacturing and supply of fossil fuels. The fourth method is ‘waste emissions’ that deals with the release of GHG from the decay of organic material in facilities handling wastewater. The Contex Company has a lot invested in the use of transport fuel. It rents and leases motor vehicles, which means the company is responsible for direct emissions through fuel combustion. They also provide equipment used in mining that results to the release of methane. The first method is fuel combustion, and it is appropriate for Contex because the company deals with motor vehicles that release GHG through use of fleet fuel. This is also because the most vital source is GHG emissions from the combustion of fuel that account for more than 60 per cent reported emissions. ...Show more

Summary

Contex limited is a company that rents-out tools for mining sites and constructions. It has a different division that rents out and leases motor vehicles. The CEO of the company worries that the new tax placed on carbon will affect the company’s share prices. …
Author : flakin
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"Issues in Accounting Theory and Practice (Case Study National Greenhouse Accounts Factor)"
with a personal 20% discount.
Grab the best paper

Related Essays

Finance and Accounts. Accounting Principles.
Stock markets of late are very volatile and investors need to learn through various important concepts before proceeding to invest their hard earned money to ensure satisfactory returns. Many at times there may be possibilities that investors suffer on the back drop of decreased prices after they invest.
22 pages (5500 words) Essay
AIS Attacks and Failures: Who to Blame
Any organizational failure is attributed to financial mismanagement through improper accounting records. It is due to this sole reason that Accounting Information Systems in crucial to the entire management. As Hall asserts further in his publication, Accounting Information Systems (AIS), a subset of Management Information System, focuses mainly on financial transactions.
5 pages (1250 words) Research Paper
Finance and Accounting Case Study
In most cases, the accounting majors work internally to the company and their actions are limited to the internal operations of a company or organizations. Therefore, majority of the times accounting majors are responsible and accountable to the organizations management and shareholders.
3 pages (750 words) Case Study
Advanced Accounting Theory & Practice
Advanced Accounting Theory & Practice Introduction International Accounting Standard (IAS) 1 provides a framework for the Preparation and Presentation of Financial Statements. This accounting standard is comprised of information necessary for preparing and presenting the financial statements.The basic purpose of this standard is to enable different users to make effective economic decisions with the use of financial and non-financial information.
10 pages (2500 words) Essay
Advanced Accounting Theory & Practice
Year 2001, was marked as the year of establishment of International Accounting Standards Board (IASB). It was established with the idea to develop and implement International Financial Reporting Standards (IFRS). First of the IFRS was issued in the year 2003.
8 pages (2000 words) Essay
Management accounting case study
In addition to Exhibit 1.5, a number of other tables – Exhibit 1.1, 1.2, 1.3 and 1.4 have been provided in the attached Excel Spreadsheet. These provide information on the cost of different activities and cost objects. Relative Profitability of the Courses The application of activity based costing (ABC) system to The University of Australia has provided information that will help to determine the relative profitability of the courses offered.
5 pages (1250 words) Case Study
Adv. Accounting Theory & Practice
The firms in different industries have a conflicting nature in terms of their responsibilities towards society.Their scope of responsibilities clearly depends upon the area in which they are doing business, for example the extracting businesses are crucial to the focus of environment regulatory authorities.
4 pages (1000 words) Essay
Case study ( subject accounting theory)
However, off late the company has been suffering an image crisis due to its weakened customer service. The company chief, Michael O’Leary has admitted that they had been running like lunatics for the past 20 years and it is time that they change their modes.
7 pages (1750 words) Assignment
Case study discussion
In return, the initial capital financing is paid from the cash flow that would be generated as a return on investment. In simple terms, project financing refers to the loan structure that primarily relied on the cash flow for
11 pages (2750 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT