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In financial auditing of public companies in the United States, SOX 404 top–down risk assessment (TDRA) is a financial risk assessment performed to comply with Section 404 of the Sarbanes-Oxley Act of 2002 (SOX 404). Under SOX 404, management must test its internal controls; a TDRA is used to determine the scope of such testing. It is also ...
Nominal Pipe Size (NPS) is a North American set of standard sizes for pipes used for high or low pressures and temperatures. [1] " Nominal" refers to pipe in non-specific terms and identifies the diameter of the hole with a non-dimensional number (for example – 2-inch nominal steel pipe" consists of many varieties of steel pipe with the only criterion being a 2.375-inch (60.3 mm) outside ...
It is an indication of the minimum stress a pipe may experience that will cause plastic (permanent) deformation. The SMYS is required to determine the maximum allowable operating pressure (MAOP) of a pipeline, as determined by Barlow's Formula which is P = (2 * S * T)/(OD * SF), where P is pressure, OD is the pipe’s outside diameter, S is the ...
The Sarbanes–Oxley Act of 2002 is a United States federal law that mandates certain practices in financial record keeping and reporting for corporations.The act, Pub. L. 107–204 (text), 116 Stat. 745, enacted July 30, 2002, also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and ...
Higher-strength ABS shipbuilding steel comes in six grades of two strengths, AH32, DH32, EH32, AH36, DH36, and EH36. [ 3 ] The 32 grades have yield strength of 45,500 psi (315 MPa), and ultimate tensile strength of 64,000 - 85,000 psi (440-590 MPa).
In the recent past, HSS was commonly available in mild steel, such as A500 grade B. Today, HSS is commonly available in mild steel, A500 grade C. Other steel grades available for HSS are A847 (weathering steel), A1065 (large sections up to 50 inch sq made with SAW process), and recently approved A1085 (higher strength, tighter tolerances than ...
The pipe sizes that are in use today in PVC and galvanized were originally designed years ago for steel pipe. The number system, like Sch 40, 80, 160, were set long ago and seem a little odd. For example, Sch 20 pipe is even thinner than Sch 40, but same OD. And while these pipes are based on old steel pipe sizes, there is other pipe, like cpvc ...
Drill pipe is most often considered premium class, which is 80% remaining body wall (RBW). After inspection determines that the RBW is below 80%, the pipe is considered to be Class 2 or "yellow band" pipe. Eventually the drill pipe will be graded as scrap and marked with a red band. Drill pipe is a portion of the overall drill string.