Accounting for product financing arrangements by oil and gas producers

Journal Article · Tue Mar 01 00:00:00 EST 1983 · Oil Gas Tax Q.; (United States)

OSTI ID:5741863

Munter, P; Ratcliffe, T A

The Financial Accounting Standards Board (FASB) has developed the Statement of Financial2 Accounting Standards (SFAS) Nos. 47 and 49 to help practitioners in accounting for and disclosing product financing arrangements in the oil and gas industry. SFAS No. 47 is a disclosure document only, while SFAS No. 49 specifies the accounting treatment for certain arrangements. The authors describe and give examples to show how practitioners can implement the substantive provisions of the documents.

• Research Organization: Texas Tech Univ., Lubbock
• OSTI ID: 5741863
• Journal Information: Oil Gas Tax Q.; (United States), Vol. 31:3
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
29 ENERGY PLANNING
POLICY AND ECONOMY
NATURAL GAS INDUSTRY
ACCOUNTING
FINANCING
PETROLEUM INDUSTRY
LEGAL ASPECTS
STANDARDS
TAX LAWS
INDUSTRY
LAWS
021000* - Petroleum- Legislation & Regulations
031000 - Natural Gas- Legislation & Regulations
294000 - Energy Planning & Policy- Fossil Fuels