The Petroleum Accountants Society of Canada (PASC) has released the highly anticipated 2011 version of the Accounting Procedure. Also released were three related interpretation guides required for a full understanding of the Accounting Procedure: Chargeable Engineering Activities, Chargeable Communication Systems and Chargeable Field Computer Systems.
Special thanks goes to the PASC Joint Interest Research Committee for leading this change initiative and creating the documents that are key to managing joint venture cost sharing arrangements. The Board of Directors of PASC and the Joint Interest Research Committee also extend their thanks to the many industry stakeholders who actively participated in the process through the various industry feedback cycles.
Reference copies of all four documents can be purchased online through the PASC Publications Order Form. Organizations interested in purchasing a site license can do so through the 2011 Accounting Procedure Site License order form.
The 2011 Accounting Procedure and related publications are now available for sale via a site license.
Reference copies of the 2011 Accounting Procedure and related publications can be ordered through the PASC Publications Order Form.
Reference copies of all PASC Accounting Procedure documents can be ordered through our PASC Publications Order Form.
Draft documents are always freely available.