Online 3 Risk Free Issues Tutorial

On-Line Postgraduate Programme In Advanced Oil and Gas Accounting 2 General Contents, Concepts and Issues I. ACCOUNTING FOR ASSET RETIREMENT OBLIGATIONS AND ASSET IMPAIRMENT I. A. Accounting for asset retirement obligations (1) Scope of SFAS No. 143 (2) Legally enforceable obligations * Obligating event * Asset recognition * Initial measurement - fair value * Traditional Approach * Expected Cash Flow Approach  more...

On-Line Postgraduate Programme for Advanced Oil and Gas Accounting 3 General Contents, Concepts and Issues I. CONVEYANCES - Mineral interests (1) Types of interest * Basic Working Interests (WI) * Joint Working Interest * Basic Royalty Interest (RI) * Overriding Royalty Interest (ORI) * Production Payment Interest (PPI) * Net profit Interest * Conveyances: General Rules - Conveyances: Exchange and Poolings (1) Farm - ins/ farm outs  more...