Articles & News

Accounting for Asset Retirement Obligations: What you need to know

The passage of the federal Sarbanes-Oxley Act more than a decade ago instituted several strict accounting requirements for public companies, one of which directly affects investment recovery managers today. The law stated that companies must report costs associated with future facility retirements in current financial statements. In other words, companies must estimate and recognize […]

March 16th, 2015|ACCOUNTING/FINANCE, BEST PRACTICES FOR IR|

Paradigm Shift: From Waste Management to Resource Recovery

Our universe is made of 115 different elements with distinct chemical characteristics. That speaks volumes about the potential of each element as a resource, not waste! We know a simple switch and shift in the arrangement of the same atoms will give us different resources with different utility. We see this in the natural […]

March 16th, 2015|Uncategorized|

Getting to the Circular Economy with Sustainable Solutions

The practice of investment recovery involves practical cost-saving measures that provide significant value to their organizations. IR also embraces a higher-level purpose of sustainability and stewardship of resources that benefit society; however, beyond the specialized focus of investment recovery for individual companies, perhaps the highest approach in seeking to redefine the global production and […]

March 16th, 2015|SUSTAINABILITY|

What’s Happenin’

Earn $25 credit
Invite your colleagues to the webinar March 4, 2015
The Investment Recovery Association is holding a new webinar on Wednesday, March 4 at 11:30 a.m. Central Time. The half-hour web-based call-in is ideal for those new to investment recovery or unfamiliar with our association. You can earn $25 in association credit or cash by inviting a prospect […]

January 1st, 2015|ASSOCIATION/MEMBER NEWS|

Scrap Metals Year-End Update

FERROUS METALS:

Steel prices, which had been stuck in a narrow range for much of the year, began to slip in early autumn and may continue to fall into winter. While strong manufacturing trends continue to be reported by many buyers, hot-rolled coil traded at $640/ton Free On Board the steel mill in mid-November, and […]

December 30th, 2014|METALS MANAGEMENT|

Greetings! WOW! Is the calendar right? Where did the year go?

This year had some interesting challenges, as they all do, but we always find a way to make it through them with our experience, knowledge and sometimes … just our persistence as investment recovery (IR) professionals.

That’s one trait we all share or we wouldn’t be in this business. It may seem as if our accomplishments […]

December 30th, 2014|PRESIDENT'S MESSAGE|

Saving Soles (and Souls) Her Flock has Faith

 Interview: “So this is your office?” I ask. “I cleaned it up,” Fowler says. “Can you smell the Pledge?” I glance around a nearly empty room, just bookcases, a desk, a picture of Jesus. I ask, “Is your home like this, too?” “Yeah,” says Fowler, “except for the Pledge.”

Faith Fowler, 55, is not your typical pastor. She is funnier. […]

December 30th, 2014|ENVIRONMENTAL/DISPOSAL, RECYCLING|

Feature Story: The Goal of IR – Keep it Simple

When thinking about writing an article on how Frontier Communications liquidates surplus assets, it occurred to me that perhaps the most important thing I’ve learned over the years is how it shouldn’t be done. Let me explain...

November 20th, 2014|GENERAL IR ISSUES|

Taking the Lead Promoting Investment Recovery

Here’s a question I think you should honestly ask yourself: Are you effectively communicating the value of investment recovery within your organization?

One of the situations I’ve faced—and I’m sure you do too—is how to make IR so ingrained with the rest of the company’s mindset that we are never forgotten about or overlooked on […]

October 20th, 2014|PRESIDENT'S MESSAGE|

Toward a Circular Economy

Two years ago, we decided to embed circular-economy thinking in our strategic vision and mission, both as a competitive necessity and with the conviction that companies solving the problem of resource constraints will have an advantage. We believe that customers will increasingly consider natural resources in their buying decisions and will give preference to […]

October 20th, 2014|GENERAL IR ISSUES|