The establishment of the Institute of Chartered Accountants of India (ICAI): the first step in the development of an accounting profession in post-independence India

This paper analyses the influence of culture and politics on the establishment of the Institute of Chartered Accountants of India (ICAI) using a theoretical framework, extending the work of Gray (1988) and McKinnon (1986) in which accounting change is analysed into three phases, a source phase, a diffusion phase and a reaction phase. The ICAI is established in a way which is in line with the cultural and social context of India with the ICAI set up under parliamentary charter promulgated through the parliamentary system and with government involvement in the council of the ICAI. In particular, the analysis shows the importance of the relationship between the state and the accounting profession in determining the outcome of accounting change, with in this case, the balance of power being in the hands of the Government

Development of company law in India : the case of the Companies Act 1956

The influence of culture and politics on the promulgation of accounting regulations in the Companies Act 1956 in India immediately post independence is analysed using an exploratory framework based on the work of McKinnon (1986) and Gray (1988). Within the framework, the process of change is analysed into three phases, a source phase, diffusion phase and reaction phase with all phases of change being influenced by intra-system activity, trans-system activity and the social and cultural context of India. In particular, the importance of the role of the Government within the process of accounting change is seen and the social context is seen to influence both the need for change and the process of change

The importance of stratigraphic plays in the undiscovered resources of the UKCS

This paper analyses the demographics of existing Un ited Kingdom Continental Shelf (UKCS) fields and discoveries as a means of assessing which plays are likely to offer the greatest untapped potential for stratigraphic traps. The talk is illustrated with examples of proven and untested stratigraphic traps

Site assessment of Douglas Shoal ship grounding in the Great Barrier Reef

The bulk carrier Shen Neng 1 ran aground on Douglas Shoal in the Great Barrier Reef Marine Park in April 2010. At over 40 hectares, this is the largest ship grounding scar known in the Great Barrier Reef, and possibly the largest reef-related grounding in the world. Challenges for assessment of the site included its large scale and the remote nature of Douglas Shoal coupled with its high exposure to wind, wave conditions and fauna that may pose safety hazards. Marine surveys used multiple and novel methods including sediment sampling combined with visual and acoustic survey techniques

The urinary excretion of 5β-pregnane-3α : 20α-diol and gestational failure in Angora goats

The urinary excretion of pregnanediol has been studied over the full period of gestation in a group of twenty Angora ewes. A comparison is drawn between animals in which conception presumably did not occur, those which kidded normally producing strong healthy kids, and those which produced weak undersized young, stillborn kids or aborted before term. Evidence is presented suggesting that abortion, prenatal and some instances of neonatal mortality in these animals are associated with deficient luteal function and progesterone secretion during the first third of the gestational period. The urinary excretion of pregnanediol during this period appears to be a useful prognostic guide as to the outcome of gestation in pregnant Angora ewes.The articles have been scanned in colour with a HP scanjet 5590; 300dpi. Adobe Acrobat XI Pro was used to OCR the text and also for the merging and conversion to final presentation PDF-Format

Homotopy bases and finite derivation type for Schutzenberger groups of monoids

Given a finitely presented monoid and a homotopy base for the monoid, and given an arbitrary Schutzenberger group of the monoid, the main result of this paper gives a homotopy base, and presentation, for the Schutzenberger group. In the case that the R-class R' of the Schutzenberger group G(H) has only finitely many H-classes, and there is an element s of the multiplicative right pointwise stabilizer of H, such that under the left action of the monoid on its R-classes the intersection of the orbit of the R-class of s with the inverse orbit of R' is finite, then finiteness of the presentation and of the homotopy base is preserved.Comment: 24 page

The remaining hydrocarbon potential of the UK Continental Shelf

The United Kingdom Continental Shelf (UKCS) has been a very successful exploration province in the last 38 years, with an average technical success rate of 31% from its 2150 exploration wells. Although the peak of exploration activity on the UKCS occurred during the 1980s and 1990s, there have been 41 technical successes from 82 wells in the last four years, representing an improved recent success rate of 50%. Estimates of undiscovered (yet-to-find) hydrocarbon volumes have been made from a database of prospects compiled over 20 years by the UK Government. This ‘bottom-up’ method provided an estimate of the yet-to-find resources at the end of 2002 of between 3.6 and 22.9 × 109 BOE recoverable. Methodology utilizing an inverse timescale to plot cumulative discovered volumes per year provides minimum estimates of between 4.5 and 9.5 × 109 BOE in place (c. 2.5 to 4.4 × 109 BOE recoverable). Pool size distribution methodology predicts that 11.5 × 109 BOE of in-place (c. 5.8 × 109 BOE recoverable) resources remain to be found on the entire UKCS. Geographically, the UK Central North Sea and Moray Firth area is predicted to contain the largest proportion of undiscovered resources (42%). Thirty-three per cent of the yet-to-find resources are judged to lie within the Atlantic Margin region. Eighty-three per cent of existing UKCS fields and discoveries are located within structural traps. The majority of stratigraphic and combination traps occur in association with syn-rift (Upper Jurassic) and post-rift plays. Many of the major discoveries in these traps were found serendipitously, and there has been relatively little direct exploration for stratigraphic plays. In the UK North Sea, there are few substantial remaining structural traps, except at considerable depth with attendant reservoir quality, high-pressure and high-temperature risks. The future of exploration is believed to lie with the search for subtle stratigraphic traps. Deep-water sandstone stratigraphic plays within the syn- and post-rift sequences offer the greatest potential for substantial new resources