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(solved) Assignment on Accounting Theory

   

Added on  2020-04-01

10 Pages1819 Words58 Views
Running head: ACCOUNTING THEORYAccounting TheoryPage 1

ACCOUNTING THEORYSummaryOil Spill occurred in the Gulf of Mexico is evidently the largest oil spill in the marine water of the United States of America. A debate occurred considering the payment of cleanup charges by taking the responsibility of damages by British Petroleum or BP, where the company did not faceany penalty or fines. Additionally, the processes to regulate it properly in the ecological system were addressed. Moreover, the largest oil spill event occurred in the Arabian Gulf was discussed along with its impacts. Conclusively, the key findings about BP and its oil spill impacts were identified. Page 2

ACCOUNTING THEORYTable of ContentsSummary..........................................................................................................................................2Introduction......................................................................................................................................4Points of Discussion........................................................................................................................4Interest Theory Considering the Public.......................................................................................4The Horizontal Oil Spill occurred Deep down the Water............................................................5Financial Implications and Related Argument.............................................................................5Arguments Considering Challenges under Assessment of Socio-Economic and Ecological Damages......................................................................................................................................6Arguments Concerning Regulations of Oil along with Gas Activities........................................6Recent Oil Spill Events................................................................................................................7Conclusion.......................................................................................................................................7References........................................................................................................................................9Page 3

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