Accounting 101: Advance Cash Register Contol

In this era of economic dynamics or any era it is extremely important to accurately measure purchases and sales? In refineries and chemical plants accurate and timely measurements of feedstock and finished products is the single most important factor to insure bottom line results.

OIML, API, ASTM, NMI, GOST, +++ are standards that need to be adhered to. Then there is Customs and Excise, Alcohol and Tobacco Tax Regulations, Sarbane-Oxley etc all add to the confusion.

Now we have Green House Gas (GHG) credits and Reformulated Fuels reporting (the RIN).

How does a company in this day and age insure correct accounting of the numbers?

This session will identify the challenges and provide practical solutions to insure compliance using best practice procedures and technology.