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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:
Canada’s accounting and auditing standards boards have a lot going on. Make sure you stay up to date on changes and get involved in standards development through the boards’ webinars and events.
February 10, 2020
Financial sustainability and digital disruption are influencing the future of NFPs. Be equipped to lead through complex change by attending Canada’s premiere event for not-for-profit leaders.
May 25, 2020
Explore new technologies that are revolutionizing accounting and finance. Find out how you can take advantage of best-fit digital solutions and emerging business trends to work smarter, ignite growth and keep innovating.