IFRS oil and gas insights
| International GAAP: oil and gas financial statements |
An illustrative set of consolidated financial statements for year ending 31 December 2014, prepared according to IFRS. Are you following industry best practices?
| Potential implications of the amendments to IFRS 11 Joint Arrangements |
For many oil and gas entities, the amendment to IFRS 11 Joint Arrangements will represent a significant change to current practice. We summarise the changes and explore potential implications.
| The new revenue recognition standard – oil and gas |
Oil and gas entities may need to change certain revenue recognition practices as a result of the new standard jointly issued by the IASB and the FASB.
| The new revenue recognition standard – oilfield services |
Learn how oilfield services entities are impacted by the new revenue recognition standard jointly issued by the IASB and the FASB.
| Acquisitions of interest in joint operations |
Our April 2013 issue analyzes the potential business and accounting implications of the proposed amendments to IFRS 11 Joint Arrangements.