×
Publications
Entities with Oil and Gas Producing Activities - Audit and Accounting Guide
Featuring over 200 pages of invaluable guidance to help you improve your industry knowledge, fine-tune your strategies, and provide high-quality services to your clients.

If you are purchasing a product in one of the following formats, please check the system requirements below:

Online Professional Library
The AICPA Online Professional Library will operate in a variety of configurations, but only the configuration described below is supported by our technicians:

  • Windows 7+ (Latest Microsoft Edge, Internet Explorer, Firefox or Chrome)

eBooks through VitalSource®

Operating Systems:

  • Windows 7/8/8.1/10 (32/64 bit)
  • Mac (OS X 10.9 or later)

Browsers:

  • Chrome (stable channel)
  • Firefox (release channel)
  • Safari 9+
  • Internet Explorer 11+
  • Microsoft Edge
  • Mobile Safari 9+
  • Chrome for Android (stable channel)

Mobile:

  • iPhone (iOS 10 or later)
  • iPad (iOS 10 or later)
  • Android Smartphone 5.0 or later
  • Android Tablet (Android OS 5.0 or later)
  • Kindle Fire (OS 5 or later)

VitalSource supports the current browser version.

Other Software Needs
To access your Interactive eBook on your tablet, desktop or mobile device, download the appropriate VitalSource Bookshelf app. Downloading this product will require an account with the third-party vendor and your data will be treated according to the vendor’s terms and conditions.

IMPORTANT:

  • eBooks are intended for a single user only.
  • eBooks are accessible immediately after completing your purchase. Access to the link on the AICPA Store expires one year from the purchase date. You must create a VitalSource account before this time elapses in order to have continued access.
  • This product is refundable within 14 days of your purchase date if no more than 20% of the content was accessed.

Read our eBook Tutorial and see our FAQ for more information.

PDF

  • Adobe® Acrobat® Reader 8 or higher
Product details

First update in 4 years!

Who Will Benefit

  • Practitioners and those in industry that work in the oil and gas industry.

Key Topics

  • An updated illustrative representation letter that contains industry-specific representations.
  • Discussion and interpretive guidance associated with FASB ASC 606, Revenue from Contracts with Customers.

As fluctuating oil prices, off-shore drilling, and other energy-related issues impact the way your clients conduct business, it's essential to have a keen understanding of the domestic and international topics and trends facing the oil and gas industry today.

This 2018 edition includes over 200 pages of invaluable guidance to help you improve your industry knowledge, fine-tune your strategies, and provide high-quality services to your clients. This publication provides important technical guidance, summarizes new standards and practices, and delivers "how-to" advice for handling audit and accounting issues that will be critical to your success.

Updates

  • FASB ASU No. 2014-08,Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting
  • Discontinued Operations and Disclosures of Disposals of Components of an Entity
  • FASB ASU No. 2014-09, Revenue from Contract with Customers (Topic 606)
  • FASB ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis
  • FASB ASU No. 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities
  • FASB ASU No. 2016, 02, Leases (Topic 842)
  • FASB ASU No. 2017-01, Business Combination (Topic 805): Clarifying the Definition of a Business
Content preview
Ratings and reviews
Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$99.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$99.00
Add to cart
Back to Top