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Process synthesis with simultaneous consideration of inherent safety-inherent risk footprint
Frontiers of Chemical Science and Engineering, 2018Process plants should be designed to be economically viable and environmentally friendly, while also being operable and maintainable during process implementation. The safety of processes is among the most important considerations in obtaining results that are more acceptably realistic, as it is linked to the availability and reliability of the process.
Andreja Nemet +2 more
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UK AUDITORS' PERCEPTIONS OF INHERENT RISK
The British Accounting Review, 1996Abstract In March 1995, the APB in the UK issued its Statements of Auditing Standards 300 (SAS 300): «Accounting and Internal Control Systems and Audit Risk Assessment». The standard identifies inherent risk as one of the three components of audit risk; inherent risk being defined as «the susceptibility of an account balance or class of transactions ...
CHRISTINE HELLIAR +4 more
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International Trade and Inherent Risks
2008Ever since World War II there has been a considerable increase in world trade between independent sovereign states. In international trade, importers and exporters are quite often confronted with problems arising from the movements of goods from one country to another and are simultaneously subject to the different legislation, customs and practices of
Tarsem Singh Bhogal, Arun Kumar Trivedi
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Export inherent safety NOT risk
Journal of Loss Prevention in the Process Industries, 2005Abstract The author presents a personal view that production of bulk chemicals and the attendant risks are being transferred from developed to developing nations. Some evidence is presented on the transfer of production. The transferred risk is increased because of the larger scale plants that are now built in locales that are less able to cope with ...
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Using risk matrix as an inherent risk tool at preliminary design stage for inherently safer design
2011 National Postgraduate Conference, 2011Safety should be considered and addressed in the whole life cycle of a process system or facility. They are many established methodologies to identify, analyze, prioritize and manage risks arising from different stages. One of the design methodologies to reduce and eliminate root causes of hazards during design stage is known as Inherent Safety (IS ...
Dzulkarnain Zaini, Azmi Mohd Shariff
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Inherently safer technology implementation— risk reduction and risk shifting
Process Safety Progress, 2012On March 25, 2008, the State of New Jersey adopted rules requiring facilities regulated under the Toxic Catastrophe Prevention Act (TCPA) Program to perform Inherently Safer Technology (IST) reviews. From August 2008 through January 2010, 85 active facilities performed IST reviews and submitted their findings to the New Jersey Department of ...
Iclal Atay, Paul Komosinsky
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Reducing the risks inherent in paediatric therapeutics
Nurse Prescribing, 2009Paediatric prescribing is fraught with difficulties, underlined by the paucity of appropriately tested medicines. As a result, between 11% (general practice) and 80% of children (neonatal intensive care units) receive unlicensed or off-label drugs. A lack of suitable formulations compound the inherent problems with paediatric therapeutics, and dosing ...
Steve Tomlin, Heather Morris
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Achieving Inherent Safety From Inherent Hazard and Risk Factors
Proceedings of the 31st European Safety and Reliability Conference (ESREL 2021), 2021Sharmin Sultana, Stein Haugen
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Risk Inherent in Matching Unreliability With Uncertainty
2018Solar and wind are unreliable sources of energy. Several years ago, there was an eclipse over Europe during calm weather reducing renewable (wind and solar) power to nil – without 100% backup, the lights would have gone out. Electricity demand is uncertain, but its uncertainty can be bracketed within known parameters based on an analysis of past demand.
Roy L. Nersesian, Joe McManus
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Understanding the Relationship between Business Risk and Inherent Risk
Managerial Auditing Journal, 1991Business risk and inherent risk both bear on the audit; the audit risk model; and the nature, timing, and extent of work performed. Inherent risk and business risk bear an inverse relationship to detec‐tion risk and have a direct effect on the level of work performed.
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