Forest Investment Account

Abstract of FIA Project

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Province of British Columbia - Forest Investment Account - Forest Science Program - Forest Science Account - accountable advance reconciliation statement for the year ended March 31, 2005

Author(s): Manning Elliot Chartered Accountants
Imprint: Vancouver, B.C. : Manning Elliot Chartered Accountants, 2005
Subject: Forest Investment Account (FIA), Auditing, British Columbia
Series: Forest Investment Account (FIA) - Forest Science Program

Abstract

This Report is in response to the Yun Ka Whu’ten Holdings (YKW) and Tsi Del Del Enterprises Limited (TDD) RFP to provide for a Growth and Yield needs or opportunity assessment for both companies individually and mutually beneficial projects.
The requirement of growth and yield type products and skills can be seen as increasing in the Province of British Columbia. The BC government through the Forest Investment Account (FIA) and other Government agencies has sanctioned a number of programs, which posses grounding in the science of Growth and Yield. The Forest Investment Account recognizes the need to provide the Land-Base Investment Program funding in the areas of Resource Inventories, Monitoring, Forest Dynamics (Biodiversity/Habitat), and Data Management.
Considering the increasing landbase constraints placed on the Forest Industry, products and services such as Growth and Yield have become increasingly important to contribute toward a more accurate estimate of (sustained yield) annual allowable cut (AAC) levels within the context of sustainable yield forest management. Repeatedly, Timber Supply Analysis has shown to be very sensitive to accurate estimates of forest growth and yield. Additionally, growth and yield activities can aid in Sustainable Forest Management Planning.
As stated in the RFP, the specific business goals of YKW and TDD with regards to growth and yield opportunities and synergies between the two companies are the focus for this project. In order to accomplish this task RJ Vassov & Associates led number of workshops designed to assess the current status of YKW and TDD Forest Management capabilities with respect to Growth and Yield and provide a framework towards operational planning of growth and yield activities. Robert Vassov and Katherine Wolters provided the services for this contract.


Updated September 08, 2005 

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