Please choose between the following three options for navigation.
Learn more about how an acquirer of an oil and gas property determines whether it meets the definition of a business under IFRS 3 Business Combinations and associated accounting implications.
Get your downloadable electronic copy.
How do you know whether to apply IFRS 3 Business Combinations to your company's acquired oil and gas project? Viewpoints: Applying IFRS in the Oil and Gas Industry - Asset Acquisition Versus Business Combination discusses the factors to consider when analyzing if a project meets the definition of a business under IFRS 3 as well as the associated accounting implications.
Prepared by the Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers (CAPP) and the Explorers and Producers Association of Canada (EPAC), this essential resource for oil and gas companies discusses the guidance of IFRS 3 in an industry specific context.
This document explains aspects of IFRS 3, and offers questions to help you determine whether the oil and gas property your organization has acquired is a business. Examples of questions includes:
May 28, 2018
The rapidly evolving pace of technology is changing how we do business. Come together with technology investment decision-makers to develop strategic solutions and explore what the future holds.
Learn more about our various financial literacy sessions and register.
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.