Title: Fundamentals of Oil & Gas Accounting, 6th Edition Author: Charlotte J. Wright ISBN: 1593703635 / 9781593703639 Format: Hard Cover Pages: 806 Publisher: PennWell Year: 2017 Availability: In Stock
Description
Contents
Professor Charlotte Wright updates her indispensable accounting book for the oil and gas industry in this revised and expanded sixth edition. The past several years have seen significant changes in the accounting and disclosure rules for the industry. While the book has thorough updates throughout, there are new industry issues specifically addressed from the accounting perspective.
Some of the significant updates and new material include:
Discussion of the significance of shale and unconventional production as it relates to accounting principles
New definitions of reserves from the Securities and Exchange Commission, and the impact on accounting processes
All citations and references align with the updated authoritative literature from the Financial Accounting Standards Board
A new chapter discussing specific issues previously unaddressed regarding property valuation in the industry
New, and updated, end-of-chapter problems
Chapter 1 : Upstream Oil and Gas Operations Chapter 2 : Introduction to Oil and Gas Accounting Chapter 3 : Oil and Gas Reserves Chapter 4 : Nondrilling Exploration Costs-Successful Efforts Chapter 5 : Acquisition Cost of Unproved Property-Successful Efforts Chapter 6 : Drilling and Development Costs-Successful Efforts Chapter 7 : Proved Property Cost Disposition-Successful Efforts Chapter 8 : Full Cost Accounting Chapter 9 : Production Activities and Project Analysis Chapter 10 : Asset Retirement and Environmental Obligations Chapter 11 : Impairment and Disposal of Long-Lived Assets Chapter 12 : Accounting for Revenue from Oil and Gas Sales Chapter 13 : Basic Oil and Gas Tax Accounting Chapter 14 : Joint Interest Accounting Chapter 15 : Conveyances Chapter 16 : Oil and Gas Disclosures Chapter 17 : Analysis of Oil and Gas Companies’ Financial Statements Chapter 18 : Accounting for International Petroleum Operations
Appendix A : Authorization for Expenditure
Appendix B : Regulation S-X Rule 4-10
Index