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 book is the essential oil and gas desk reference for the accountant.
- | Author: Steven M Bragg
- | Publisher: AccountingTools, Inc.
- | Publication Date: April 21, 2021
- | Number of Pages: 191 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 1642210668
- | ISBN-13: 9781642210668