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Asset Management Guidance and Best Practices

The phrase "asset management" is a widely accepted industry practice through which capital assets are inventoried, monitored, and managed over time to ensure the longevity and sustained viability of the assets as components of an effectively functioning system.

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VERIFICATION OF PLANT AND MACHINERY The auditor should call for the plant register or detailed break up schedule of plant and machinery. For the balance appearing in the balance sheet, he should identify the specific items and check the details thereof.

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Cash flow analysis showed that without adding a CO 2 capture unit to a cement plant, carbon tax increased the cement price up to 22.9%. However, a combination of the high carbon tax, high CO 2 sales price, low energy penalty, and high capture efficiency increased the cement price up to 1.2% for the MEA system but reduced the cement price up to 5% for the AMP-PZ-MEA system.

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Cash flow analysis showed that without adding a CO 2 capture unit to a cement plant, carbon tax increased the cement price up to 22.9%. However, a combination of the high carbon tax, high CO 2 sales price, low energy penalty, and high capture efficiency increased the cement price up to 1.2% for the MEA system but reduced the cement price up to 5% for the AMP-PZ-MEA system.