Textbook
Accounting for Oil and Gas Producing Companies Part 1: Exploration, Acquisition, Development and Production
In this volume, attention is focused on economic aspects of the of the industry; company organization; general principles of oil and gas accounting; accounting for expenditures incurred in exploration, leasing, and development activities; revenue acounting; and accounting for lifting costs. This volume emphasizes the successful-efforts method of accounting espoused by the FASB.
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