Oil and Gas Payout Calculation & Reporting - Nov. 16th PDI/OCCC
Oil and Gas Payout Calculation and Reporting Workshop - PDI/OCCC
Professional Development Institute (PDI) from the University of North Texas will present Payout Calculation & Reporting workshop on November 16th at the OCCC John Massey Center in Oklahoma City.
This program provides oil and gas accountants with the knowledge of how to apply the terms and provisions of the various operating agreements and accounting procedures used by industry today. Participants will gain an understanding of the impact of various COPAS Interpretations and Accounting Guidelines on questions of joint account chargeability. The effect of JOA provisions on Payout will be examined
Date: November 16, 2011
Time: 8:30am to 4:30pm
Cost: $350
Register: Linda Meux 940-565.6654 or lmeux@pdi.orgLocation
Location: John Massey Center, Oklahoma City, OK
Expense Side Operational Accounting - Oct. 12-13 by PDI/OCCC
Expense Side Operational Accounting Workshop - PDI
This 1 ½ day interactive seminar is for those who either manage or work in Expense Side
upstream oil and gas exploration and production companies.
Key Topics and Objectives:
The Concept of a “Joint Venture”
The Chart of Accounts
Master Files and Ledgers
Reporting Considerations – Initial and Revisited
The Expense Side (JIB) Division of Interest (DOI) Deck – Setup and Maintenance
Expense Transaction Processing
JIB Processing
Handling of Non-Operated JIB’s
JIB Netting
JIB Suspense
Unitization Impact
Insider Company Concept – Partnership and Consolidations
A hands-on approach to A/P, AFE, JIB, A/R & G/L
12 hours of CPE Credit are awarded
Register with Linda Meux at lmeux@pdi.org or 940.565.3354. Cost is $495.