CAPP/SEPAC International Financial Reporting Standards IFRS Symposium
This presentation is from the CAPP/SEPAC International Financial Reporting Standards IFRS Symposium that took place on Monday, January 12, 2009.
Canadian oil and gas companies have traditionally accounted for exploration and development costs using either the "full cost" or "successful efforts" accounting method. With the Canadian adoption of International Financial Reporting Standards (IFRS) on January 1, 2011, oil and gas companies will be expected, for the most part, to abandon or change significantly their current accounting policies.
IFRS for Canadian Upstream Oil & Gas Industry
(The presentation has been divided into 10 sections. All documents are in Acrobat PDF format and will open in a new window.)