COPAS Energy Education
Introduction to the Petroleum Industry Webinar V: Petroleum Accounting
Date: Wednesday, December 4, 2019
Time: 10:00 AM - 11:00 AM (CT)
Program Level: Basic CPE Credits: 1 Hour
Delivery: Group-Internet Based Prerequisites: None
Advance Prep: None Field of Study: Accounting
This webinar is designed for individuals who wish to gain an introductory understanding of the petroleum industry. It will discuss measuring and valuation of reserves, "full cost" and "successful efforts" accounting methods, asset retirement obligations (ARO), hedging production and measuring and valuing production.
Learning Objectives: By the end of this class you will be able to
- Recall issues associated with measuring and valuation of reserves.
- Identify "full cost" & "successful efforts" accounting methods.
- Recall asset retirment obligations.
- Define "hedging production."
- Recall measuring and valuation production issues.
Register at the bottom of this page.
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Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Registration Type: Webinar: Petroleum Accounting (December 4)