SORP Oil Industry Accounting (2nd Editn)
New ISBN 9780852933411
Old ISBN 085293341X
Date Published: July 2001
Published by: Energy Institute
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Published by the IP on behalf of the OIAC. The OIAC was established in 1984 to develop and promulgate guidance for the UK upstream oil and gas industry with regard to best practice in financial accounting, The objective of this SORP is to promote consistency amongst companies reporting under UK Accounting and Financial Reporting Standards as regards the application of these standards to their oil and gas exploration and production activities. This statement of recommended practice applies to the financial statements of all companies reporting under UK generally accepted accounting principles with oil and gas exploration, development and/or production activities whether or not these activities take place in the UK. The SORP has been reviewed by the UK Accounting Standards Board (ASB). The SORP is essential reading for all those who prepare, audit or analyse relevant exploration and production company financial statements.Please enquire about discount for bulk orders.