Oil and Gas Accounting#368618
This course has been archived and cannot be purchased.
Credit
Amount
CPA
9
Course Description
Course publication/revision date: This course was updated on 6/4/2018.
Oil and gas operations have some of the most unique accounting issues found in any industry. Oil & Gas Accounting delves into acquisition, exploration, development, and production activities, covering many industry-specific accounting issues. Topics covered include the successful efforts method, full cost method, reserve reporting, the unit of production method, severance taxes, take-or-pay arrangements, transfers of mineral interests, and joint interest accounting, as well as industry-specific controls that should be installed. In short, this is the essential oil & gas desk reference for the accountant.