Fundamentals of Oil and Gas Accounting 6th Edition

Fundamentals of Oil & Gas Accounting, 6th Edition offers a comprehensive overview of accounting principles and practices specific to the oil and gas industry. This edition covers exploration, development, and production activities, providing guidance on financial reporting, taxation, and regulatory compliance. It explains successful efforts and full cost accounting, reserve estimation, and revenue recognition methods. Addressing joint interest accounting, lease operating statements, and property accounting including depletion, depreciation, and amortization, this book provides real-world examples and up-to-date information for accounting professionals, auditors, investors, and those seeking a thorough understanding of oil and gas accounting. Updated to reflect the latest industry standards and regulatory changes, the Sixth Edition provides detailed guidance on current tax law, royalty accounting, risk management strategies, and internal controls.

• Edition: 6th
• ISBN: 9781593703639
• Language: English
• Type: Textbooks (Assumed)