CFAT


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CFAT

Cash Flow After Taxes

In accounting, a measure of a company's cash flow after all taxes are paid. It is calculated by taking the net income and adding back in the value of all non-cash expenses, notably amortization and depreciation. Publicly-traded companies with a high cash flow after taxes are in a better position to distribute cash dividends than those with a low cash flow after taxes. In addition to this, it is also used as a measure of general performance and financial health.
References in periodicals archive ?
ACA's members own and operate paint, coatings, resin, and chemical manufacturing facilities that are potentially subject to the CFATS provisions, and under CFATS' statutory authority, many ACA members have submitted top screens identifying chemicals of interest and have been assigned preliminary or final tiers by the department.
The "Protecting and Securing American Chemical Facilities from Terrorist Attacks Act of 2014" reauthorizes the CFATS program until 2018, improves management practices and whistleblower protections, and simplifies reporting and information sharing.
DHS is considering changing its general regulatory approach to the CFATS program, including both the enforcement process and the manner in which facilities submit information, claim exemptions, and challenge high-risk designations.
CFATS data are released outside the program on a very limited basis for very good reasons, ACA maintained.
Continues Shanahan, "While we applaud the committee for their work on this issue, it ultimately serves the CFATS program, the chemical industry, and our collective national security no good without full passage of this legislation.
The executive order not only implicates the CFATS program, but also other existing federal regulatory programs addressing chemical safety that apply to coatings and chemical manufacturing and distribution, such as the U.
Stature has preformatted industry standard templates for CCPS's SVA, API/NPRA's SVA for Petroleum and Petrochemical Industries, RAMCAP -- Risk Analysis and Management for Critical Asset Production, CFATS -- Chemical Facility Anti-Terrorism Standards, and VAM -- Vulnerability Assessment Methodology for Chemical Facilities.
Today, the Senate Committee on Homeland Security and Governmental Affairs moved the ball one step closer to providing the regulatory certainty that facilities covered by CFATS have needed for many years," said Bill Allmond, SOCMA Vice President of Government and Public Relations.
At the request of several interested congressional committees, GAO is conducting a review of the CFATS Program, and asked ACA, as a key Chemical Sector trade association, for its views on the efficacy of DHS's Infrastructure Security Compliance Division's (ISCD) CFATS-related outreach efforts.
Created in 2007 to ensure the security of chemical facilities, the CFATS program requires facilities to prepare and implement site security plans that satisfy risk-based performance standards outlined by DHS regulations.
Since CFATS was enacted in 2006, the Department of Homeland Security (DHS) has rolled out a series of comprehensive implementing rules on an expedited basis.
Results indicate more than half of the companies surveyed have CFATS sites, and nearly all of those sites are ready or will be ready for Department of Homeland Security (DHS) inspections.