Download or read book An Empirical Study of Evaluating successful Efforts and full Cost Methods of Accounting for Finding Costs of Oil and Gas Industry from the Investor s Point of View written by Ali K. Naggar and published by . This book was released on 1975 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1975 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Full Cost Vs Successful Efforts in Petroleum Accounting written by John Holmes Myers and published by . This book was released on 1974 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comprehensive Dissertation Index written by and published by . This book was released on 1984 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. for 1973- include the following subject areas: Biological sciences, Agriculture, Chemistry, Environmental sciences, Health sciences, Engineering, Mathematics and statistics, Earth sciences, Physics, Education, Psychology, Sociology, Anthropology, History, Law & political science, Business & economics, Geography & regional planning, Language & literature, Fine arts, Library & information science, Mass communications, Music, Philosophy and Religion.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2000 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Valuing Oil and Gas Companies written by Nick Antill and published by Elsevier. This book was released on 2000-06-19 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market value is set by investor behaviour ....but objective methods of valuation are vital for accurate predictions of market behaviour. What are the key issues facing the industry - and the main points the analyst needs to look for when interpreting oil industry accounts? Do the best prospects necessarily lie with the larger and better-financed companies? How best can an investment strategy be managed in the refining industry, with its conflicting pressures of environmental controls and inadequate returns?This unique and authoritative book has the answers to these and many other questions, offering a series of benchmarks and performance indicators with which to evaluate oil company shares. An updated edition of a respected and established title, it remains the only comprehensive handbook of its kind available, and will be eagerly welcomed by corporate planners as well as investors and analysts. An essential and practical guide for investors, analysers and corporate planners The only book which shows how to actually value oil and gas companies International in outlook
Download or read book Oil Industry Financial Analysis Primer written by and published by . This book was released on 1986 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Gas Accounting Economics written by Methadius Iweanya Ofili and published by Independently Published. This book was released on 2022-02-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Gas firms can chose between the Successful Efforts Accounting and the Full Cost Accounting. While the latter capitalizes on all operating expenditures related to locating new oil and gas reserves, and subsequently allocates these costs to future periods, irrespective of exploration outcomes, the former, that is, Successful Efforts Accounting, allows a company to capitalize only those expenses associated with successfully locating new reserves. If unsuccessful or there is "dry hole" outcomes, the firm charges associated operating costs immediately against revenues for that period. With reliable unified reporting, informed decisions can be made as far as production planning, asset management and financial management are concerned. The Petroleum Profit Tax Act, provides for mandatory accurate hydrocarbon accounting including oil block acquisition, payables, receivables, joint venture accounting, tax oil, profit oil, operating income, depreciation, depreciation allowance, amortization, cost depletion, ringfencing, contractual systems such as pure service contracts, production sharing contract, pure service contracts, risk service contracts, technical assistance agreements, oil mining lease, petroleum licensing rounds and joint ventures, gross oil production, cost recovery, royalty oil, contractor share, Home Government share, contractor profit, income tax and bonuses, royalty payment, work commitment, cost recovery limits, participation agreement, operating agreement, MOU, depletion calculation, cost depletion, concessionary deductions, commerciaIty requirement, profits and taxes, the economic rent theory, economic limit, reserve recognition accounting, reserves classifications, bonuses, rents, royalty trust, cost and full accounting, royalties, concessionary fiscal systems, chargeable profit, chargeable tax, assessable tax, disallowed deductions, adjust for profit and production splits. The Petroleum Economists, on the other hand, assist and enhance making investment decisions by analyzing these and other factors including exploration and well drilling data driven decision making or whether or not the development of an entire gas production project should proceed. Their inputs are critical in Production Sharing Contracts negotiations and oil and gas block purchase. They are inevitably involved in the evaluation and management of the operational, environmental, geological, technical, economic and related risks involved in different phases of oil and gas projects. Their work includes the financial analysis of oil and gas production as well as the forecasting of cash flow, oil and gas development assessment, economic indicators, risk analysis and the analysis of the effects of taxation. They also advise on the economic viability and attractiveness of petroleum ventures and operations, quantification of all forms of uncertainties such as reservoir pattern, future oil and gas prices, development costs, bonus payment determination, when the organization is bidding for oil and gas tracts or leases. Using profitability analysis, they prepare guidelines for the selection of the best alternative development options. They provide economic frameworks through which help investors address the three major questions in E&P investment decision making: What is the cost of the proposed E&P venture? What are the absolute economic value and relative cost of the E & P venture? How profitable is the venture when compared to alternative available investment opportunities?
Download or read book Fiscal Regimes for Extractive Industries Design and Implementation written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2012-08-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación
Download or read book Handbook on Oil and Gas Accounting written by Robert J. Koester and published by Institutes for Energy Development. This book was released on 1982 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Accounting for Oil and Gas Reserves on the Relation between Returns and Earnings written by Jonathan E. Duchac and published by . This book was released on 2015 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines how the choice between successful efforts and full cost methods of accounting affects the value relevance of earnings for firms in the oil and gas industry. The strength of the relation (R2) between twelve month (annual) security returns and annual earnings levels is compared to assess differences in the value relevance of earnings. Focusing on earnings levels provides insight into how this accounting choice affects the usefulness of the entire set of earnings information rather than focusing solely on the information in unexpected earnings as has been the focus in prior earnings usefulness studies (i.e. earnings response coefficient analysis). The results suggest that the strength of the returns - earnings relation is significantly greater for full cost firms than for successful efforts firms in periods of declining oil prices and reduced exploration activity. This is consistent with the hypothesis that earnings generated by accounting methods that smooth income are more value relevant than earnings generated by other methods that generate more volatile earnings.
Download or read book Accounting for Oil and Gas Exploration Costs written by Arthur Andersen & Co and published by . This book was released on 1963 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earnings Quality of the Successful Efforts and Full Cost Accounting Methods in the Oil and Gas Industry written by and published by . This book was released on 2018 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earnings -- Earnings management -- Earnings quality -- Cash flows -- Successful efforts -- Full cost -- Exploration and production -- Upstream -- Oil and gas accounting -- Accounting methods -- Accounting standards -- Extractive activities -- Extractives industry -- Accrual quality -- Persistence -- Predictability -- Smoothness -- Value relevance -- Timeliness -- Conservatism -- Verdienste -- Verdienstebestuur -- Verdienstegehalte -- Kontantvloei -- Suksesvolle pogings -- Vollekoste -- Eksplorasie en produksie -- Stroomop -- Olie- en gasrekeningkunde -- Rekeningkundige metodes -- Rekeningkundige standaarde -- Ekstraktiewe aktiwiteite -- Ekstraksiebedryf -- Aangroeiingsgehalte -- Volharding -- Voorspelbaarheid -- Gladheid -- Waarderelevansie -- Tydigheid -- Konserwatisme
Download or read book Financial Accounting and Reporting by Oil and Gas Producing Companies written by Financial Accounting Standards Board and published by . This book was released on 1978 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies on Current Research Methodologies in Accounting written by and published by . This book was released on 1983 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employing Alternative Accounting Methods in Oil and Gas Company written by Tim Sovaniski and published by . This book was released on 2020 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research problem stems from the fact that accounting organizations do not agree on a specific method for the purpose of organizing financial reports in the oil sector, so FASB requires oil and gas companies to use the Successful efforts method, while the SEC allows companies to use the Full Cost method.So, this research aims to study the difference between the accounting methods used in the oil field, namely full cost method (FC) and successful efforts method (SE) in the context of financial reports in an oil company for the purpose of reviewing the pros and cons of the methods used on reported profits and their impact on users interested in financial data.The main conclusion of this research can be the Successful Efforts method discloses the internal flaws and supports the investor in reaching reasonable investment decision, and the full cost method highlighted by proponents as the Full Cost methodology in the long run reveals more positive bottom-line results for the firm.
Download or read book SEC Docket written by United States. Securities and Exchange Commission and published by . This book was released on 1978 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:
