Incentives: from the case‚ the SEC staff claimed that the top Waste Management officers’ fraudulent conduct was driven by greed and a desire to retain their corporate positions and status in the business and social communities. Their bonuses‚ retirement benefits and stock options closely correlate with the performance of the company. If the company meets predetermined earnings targets‚ those top managements will earn a lot from profit sharing. Furthermore‚ aside from money‚ those people can maintain
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INTRODUCTION Waste is an unavoidable by-product of most human activity. Economic development and rising living standards in the Asian and Pacific Region have led to increases in the quantity and complexity of generated waste‚ whilst industrial diversification and the provision of expanded health-care facilities have added substantial quantities of industrial hazardous waste and biomedical waste into the waste stream with potentially severe environmental and human health consequences. Waste is a general
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Construction Waste Management in Sri Lanka Waste Generated by the Construction Industry Waste is best defined as any material by-product of human and industrial activity that has no residual value‚ but construction industry’s waste has a residual value and is avoidable. Hong Kong polytechnic (1993) defines construction waste as the “by product generated and removed from construction‚ renovation and demolition work places or sites of building and civil engineering structures”. Types of
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INTRODUCTION The waste produced in the course of health care activities carries a higher potential for infection and injury than any other type of waste. Therefore it is essential to have safe and reliable method for its handling. Inadequate or improper handling of biomedical waste may have serious public health consequences and a significant impact upon environment. Appropriate management of health care waste is thus a crucial component of environmental health protection and it should become an
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Website Material on Plastic Waste Management Central Pollution Control Board‚ Parivesh Bhawan‚ East Arjun Nagar‚ Delhi-110032 June‚ 2013 Chapter – 1: Annual Report (2011-12) on Implementation of PWM Plastic products have become an integral part in our daily life as a basic need. It produced on a massive scale worldwide and its production crosses the 150 million tonnes per year globally. In India approximately 8 Million tonnes plastic products are consumed every year (2008) which is
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Waste management Introduction Waste management is a set of operations used to lead and manage solid wastes. This term is originally used for all the human wastes and activities and is commonly considered to make a difference in the environment. A long time ago‚ waste consisted of biodegradable waste and ashes‚ but as time changed‚ nowadays waste is also formed by chemicals and electronics such as computers‚ batteries‚ etc‚ which makes it difficult to reduce or reuse. So‚ as the beginning this wasn’t
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Case 4.4 Waste Management‚ Inc. Question 1 Three conditions are often present when fraud exists. First‚ management or employees have an incentive or are under pressure‚ which provides them a reason to commit the fraud act. Second‚ circumstances exist - for example‚ absent or ineffective internal controls or the ability for management to override controls – that provide an opportunity for the fraud to be perpetrated. Third‚ those involved are able to rationalize the fraud as being consistent with
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Waste Management in Paraguay Within the capital of Asuncion‚ Paraguay lays the countries largest waste disposal site called Cateura. The metropolitan area of Asuncion has rapidly grown in urban population and development over the past 40 years‚ but not in a well-planned manner. As such‚ this has created environmentally sensitive areas associated with negative impacts such as inadequate storm water drainage systems‚ and solid waste collection and disposal. This affects the water supply and sanitation
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HOSPITAL WASTE MANAGEMENT []‚[] STUDY AREA A feasibility study is planned for the study area of []‚ []. The study area is located []‚ covers an area of [] square kilometers and a population of [] inhabitants. The income level of the study area‚ expressed as Gross Domestic Product per capita per year‚ is []. INTRODUCTION Most wastes generated by hospitals and medical clinics are non-hazardous general wastes from hospital organization activities (i.e.‚ including kitchen wastes‚ office
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Identifying fraud indicatives of each of three conditions: incentives‚ opportunities‚ and attitudes Significant Management Estimation Identifying balances based on significant management estimation techniques Inherent Risk associated with Estimation Accounts involving significant management estimation viewed as inherently risky Auditor’s responsibilities for examining management-generated estimates AU Section 342 AU Section 342‚ Auditing Accounting Estimates‚ provides auditors guidance on
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