Valuation and reporting of native fauna in monetary terms: compatibility between a market-Based system and natural resources?

A change in community values and priorities has introduced ethical,
environmental and social issues into the way in which business conducts
its activities. There are an increasing number of managed investment funds focusing on socially responsible investment (SRI) by concentrating on firms that operate according to predetermined criteria for environmental, social and ethical issues. For investors in these funds environmental stewardship issues are integrated with concern over financial resources and performance. In this paper the accounting and reporting by business activities concerned with conservation of wildlife are examined. The world of accounting has functioned for many years with relatively few accounting standards devoted to specialised industry needs. In 1998 the Australian Accounting Standards Board and in 2001 the International Accounting Standards Board issued standards devoted to agriculture. Both standards deal with the reporting of managed biological assets and require application of essentially the same approaches despite the Australian standard requiring net market value while the International standard requires fair value. In this paper we analyse how one conservation firm Earth Sanctuaries Ltd. (ESL) has applied AASB 1037 and then we explore the implications for conservation firms operating in geographical locations outside Australia. It is suggested that AASB 1037 and indeed lAS 41 may not provide value appropriate information for investor decisions relating to accounting profits for such firms. Our examination shows that it is appropriate to reconsider accounting guidelines provided by these standards in order to link the information relating to economic and environmental performance. Transparency may be improved by a move closer to Elkington 's (1997) triple bottom line reporting. We therefore contend that the issues arising from the use ofAASB 1037 and lAS 41 need to be widely considered by all standard setters, particularly given the increasing attention to SRI.

A new view of the Pella churches in terms of dating and analysis : the typological context

As published in the final reports by the College of Wooster and Sydney University, the dating and analysis of the excavated remains of the three churches and their associated finds at Pella, Jordan, display some puzzling aspects. This paper argues that, in these reports, two of the churches appear to have been dated up to a century later than they should have been, while the suggested date for the third now appears too early. This article examines the problem in the context of a new architectural and theological typology of churches in the East Mediterranean from the 4th to 6th centuries AD.

Equal employment opportunity and glass ceilings : a contradiction in terms?

This study assesses the status of Equal Employment Opportinity (EEO) within the State Government of Florida. The criterion for this assessment is an examination of the adequacy and relevancy of existing EEO policy and practices.

Meanings of the terms, problem and problem solving across the school curriculum

Many teachers at all levels of education find it hard to articulate what the terms problem and problem solving mean. This study was designed to explore the meanings of these concepts held by people involved in education.