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Learn how an organization accounts for the reduction of its interest in an oil and natural gas property in the exploration and evaluation phase as a result of a farm-out arrangement.
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If your company has provided a working interest in its oil and natural gas property to a third party through a farm-out arrangement, you may be wondering: How do I account for the reduction in our interest in the project in the E&E phase?
Prepared by Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers, and the Small Explorers and Producers Association of Canada, Viewpoints: Applying IFRS in the Oil and Gas Industry: Farm-out Arrangements in the Exploration and Evaluation Phase discusses how to develop an appropriate accounting policy and features information on:
This event has multiple dates and locations. See event details for more information.
Attend the IFRS Discussion Group meeting from anywhere in the world. Virtual observers will be able to see and hear the discussion along with those attending in person.
October 1, 2018
The ONE is Canada’s must-attend, multi-track CPA event of the year. Stay at the top of your game with future-focused sessions, thought-provoking keynotes, prime networking opportunities and a first-class exhibition floor.
October 15, 2018
Stay up-to-date on critical indirect tax issues and network with other indirect tax professionals at Canada’s largest and longest-running indirect tax event.