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Understand how an oil and gas company should recognize and measure a change in the estimated obligation of an existing decommissioning liability.
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As part of their operations, oil and gas companies may need to conduct environmental remediation work, or decommissioning, for a facility, well or other installation.
Read Viewpoints: Applying IFRSs in the Oil and Gas Industry — Revising an Existing Decommissioning Liability to better understand the responsibilities.
Developed jointly by Chartered Professional Accountants of Canada (CPA Canada), the Canadian Association of Petroleum Producers and the Explorers and Producers Association of Canada, this paper addresses topics such as:
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Entering CPA Canada’s Awards of Excellence in Corporate Reporting is simple. Submit your 2016 corporate reporting materials online.
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.