Table
of Contents
Chapter
1 - Overview of Oil and Gas Operations
Drilling and Development Activities
Structure
of the Oil and Gas Industry
Oil
and Gas Business Activities
Mineral
Interest Documentation
The
Authorization for Expenditure
Derivative
Commodity Contracts
International
Business Activities
Chapter
2 - Overview of Oil and Gas Accounting
Basis
for the Successful Efforts and Full Cost Methods
Property,
Plant, and Equipment
Transfers
of Mineral Interests
Chapter
3 - Successful Efforts Method
Chart
of Accounts Using the Successful Efforts Method
Special
Treatment of Acquisition Costs.
Treatment
of Unproved Property
Exploratory
vs. Development Drilling Costs.
Sufficient
Progress Assessment
Acquisition, Exploration, and Development Costs
Production, General and Administrative Costs
Impairment of Unproved Properties
Property Sales and Abandonments
Treatment of Purchased Reserves
Chart
of Accounts Using the Full Cost Method
Additional
Disclosure Requirements
Chapter
5 - Depreciation, Depletion, and Amortization
DD&A
Differences for the Successful Efforts and Full Cost Methods
Full
Cost Method Variations on the Unit of Production Method
Amortization
of a Production Payment Interest
Issues
for Nonworking Interests
Accounting
for Asset Dispositions
Chapter
6 - Accounting for Production Costs
Chapter
7 - Revenue Accounting
Revenue
Recognition Principles
Revenue
Recognition Application
Oil or Gas Used on the Premises
Proved
Reserves under Production Sharing Arrangements
Variability
of Reserve Amounts
Chapter
9 - Transfers of Mineral Interests
Accounting
for Specific Transactions
Sale of an Interest in Unproved Property
Sale of an Interest in an Unproved or Proved Property
Obligation to Deliver a Specific Quantity of Oil or Gas
Chapter
10 - Joint Interest Accounting.
Essential
Joint Interest Transactions
Chapter
11 Interest Capitalization
Overview
of Capitalized Interest
Assets
on Which to Capitalize Interest
The
Interest Capitalization Period.
Calculating
Interest Capitalization
Chapter
12 - Asset Retirement and Environmental Obligations
Overview
of Asset Retirement Obligations.
The
Initial Measurement of an Asset Retirement Obligation
Subsequent
Measurement of an Asset Retirement Obligation
Settlement
of an Asset Retirement Obligation
Overview
of Environmental Obligations
Measurement
of Environmental Obligations
Recoveries
Related to Environmental Obligations
Asset
Retirement and Environmental Obligations Disclosures
Chapter
14 - Oil and Gas Disclosures
Public
Company Disclosure Requirements.
Proved Oil and Gas Reserve Quantities
Capitalized Costs Relating to Oil and Gas Producing
Activities
Costs Incurred for Property Acquisition, Exploration, and
Development Activities
Results of Operations for Oil and Gas Producing
Activities
Standardized Measure of Discounted Future Cash Flows
Changes in the Standardized Measure of Discounted Future
Net Cash Flows
Chapter
15 - IFRS Accounting for Oil and Gas
Accounting
for Mineral Resources
Accounting
for Stripping Costs
Mineral
Resources Presentation
Chapter
16 - Auditor Inquiries
Control
and Procedure Inquiries
Management
Representations Letter
Chapter
17 - Accounting Controls
Controls
for Property and Lease Acquisitions
Controls
for Exploration and Development Activities
Controls
for Disclosures and Reports
Final
Examination
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