Write note for each chapter of the Ecopak case.Your notes should include an introduction and a conclusion and be organized by chapter using the following format:

1. Observation (issue) - There may be multiple observations for each chapter (list separately). This is a description of the accounting and/or audit problem.For this section include a brief description of the issue from an accounting and/or audit perspective.
2. Criteria- This is a reference to the GAAP (ASPE or IFRS) and CAS standard.Use the library CPA database (Knotia) access to reference the section number and paraphrase the standard.
3. Recommendation- This section includes a simplified instruction to Ecopak management or the audit team regarding how they should treat the accounting or audit issue based on the GAAP or CAS standard referenced above.