Concepts and principles of emergency management Essay

Concepts and principles of emergency management - Essay Example In Australia, latest statistics on car accidents seem to indicate that road accidents are increasing in frequency; road deaths associated to such car accidents are also increasing. In 2005, Australia already ranked 7th out of 15 developed nations for road deaths per 100 million vehicle kilometres travelled (Fallah, 2007). Emergencies -- are â€Å"incidents that threaten public safety, health and welfare (Department of Environmental Management, n.d, p. 1). Emergencies may also vary in size, location, causes, and effects; but regardless of differences in such elements, they all register with various environmental effects. They are also defined by the Emergency Management Institute (n.d) as unexpected incidents or events which endanger lives or property, consequently requiring urgent and routine responses through community resources and procedures. Examples include: road-blocking landslides, long power outages, forest fires, outbreaks of diseases, and heat waves (Central Coast Center Independent Living, n.d). There were two slides in Australia from 1939 to 2007; 28 were killed and about 101 individuals were affected (CRED, 2007). There were 28 wild fires from 1939 to 2007 and this caused the death of about 300 individuals and damages up to 1.2 million US dollars (CRED, 2007). There was one epidemic fro m 1939 to 2007. No deaths and no damages were reported but 6 people were affected (CRED, 2007). Disasters are defined by Emergency Management Australia (2004, p. ix) as â€Å"a condition or situation of significant destruction, disruption and/or distress to a community†. The United Nations (1992) define a disaster as â€Å"a serious disruption of the functioning of society, causing widespread human, material, or environmental losses which exceed the ability of affected society to cope using its own resources† (UN Glossary, 1992).

FASB Codification System Essay Example | Topics and Well Written Essays - 250 words

FASB Codification System - Essay Example professionals along with investors and analysts a professional view where many state of the art utilities offers wide feature, search facility and navigating contents. It gives information on the accounting standards, cross referencing and navigating. Also there is printer friendly source utility for viewing source references. So basically it allows the professionals to keep update on accounting standards, information, and location of member, conduct research and locate professional around the network. 3. The nine contents areas located in the FASB codification system are General principles, presentations, assets, liabilities, equity, revenue, expenses, broad transactions and industry. Thus the codification system is an organized structure with comprehensive topics. These subdivided nine topics have sections and paragraphs. 4. The nine contents have types of items and general principles detail on all the accounting principles and laws to simplify users access. The presentation offers guidance on the preparation of income and financial statement purpose and calculating earnings per share. The asset content has information on investments, accounting receivables and inventory. Liability section has assets retirement and environment obligations, contingencies, distinguishing liabilities from equity and accounting principles. The equity section explains status, recognition and SEC material required to record equity based payment to non – employees. The revenue area informs accounting professional about revenue recognition and accounting standard updates. Expenses guides on procedures to report stock compensation, compensation research and development with regard to preparing income taxes. The broad transaction gives information on business combination, consolidation, fair value measurement and disclo sure, leases and financial instruments. Finally, the industry section gives user in regard to industries including oil and gas, dealers, brokers and