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Understand which factors an oil and gas organization must consider to determine its functional currency under International Financial Reporting Standards (IFRS).
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As oil and natural gas companies often do business globally and enter into transactions denominated in foreign currencies, a question that often arises is: How do I determine our functional currency under IFRS? As Viewpoints: Applying IFRSs in the Oil and Gas Industry: — Functional Currency outlines, it depends on specific facts and circumstances relevant to your organization’s operations.
Prepared by Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers, and the Small Explorers and Producers Association of Canada, this resource for junior oil and gas companies features information on:
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.
March 8, 2018
From virtual classrooms and online courses to engaging in-person learning opportunities, these featured programs are here to help you meet your 2018 CPD requirements.
Understand fraud and how to protect yourself from becoming a victim.