Webinar: Oil & Gas Accounting Methods – Understanding Successful-Effort, Full-Cost and Income Tax Basis

Oil & Gas Accounting Methods – Understanding Successful-Effort, Full-Cost and Income Tax Basis
September 29, 2020 – 11:00-12:00 PM CDT

1 CPE credit available for the live webinar.

Join us for a live panel discussion regarding oil and gas accounting methods.  Recognizing the implications around financial reporting requirements for oil and gas companies under different accounting methods can help users of financial statements to better understand and manage future business decisions.  Our discussion will include how different methods of tracking costs and evaluating depletion and impairment can impact the understandability of the financial results that are ultimately used for lending, investing or tax implications.  

Each accounting method presents a historical perspective that is not always reflective of the future economic outlook, and understanding the pros and cons of each are important to making operating decisions and capital allocations. In this live panel discussion, our assurance and advisory professionals, Matt Federle and Chad Valentine,  we will share perspectives on the following:

  • The different accounting basis used for oil and gas companies
  • How depletion and impairment are computed and evaluated
  • The interpretation of financial reporting considerations of each accounting basis

Presenters:


1 CPE credit available for the live webinar • Level: Basic • No prerequisites • Complimentary to attend

This webinar is for all levels of accountants, finance professionals and CFOs. Please note that each person should register and attend individually in order to receive CPE credit. 

Can't make this webinar? Registering will allow you to view the webinar on-demand, when it is most convenient for you.

View System Requirements

Questions about registration? Contact Natalie Ramsey at natalie.ramsey@weaver.com or 817.882.7546.