A Guide to Navigating Acquisitions and Divestitures for Oil and Gas Accountants
As you already know, many companies in the oil and gas industry take part in divesting and acquiring new assets to increase profitability. While this can be very lucrative in…
Current Economic Impact on Oil and Gas Industry Accounting and Financial Reporting
In early March 2020, crude oil prices declined significantly in response to disruptions in worldwide oil demand due to the economic impacts of COVID-19 and an oversupply in the market.…
COPAS Elects New Directors and Board Officers for 2021
Upon the culmination of its annual Fall meeting on September 24th, COPAS has re-elected one director and elected two new individuals to its board of directors. They will serve three-year…
Successful Efforts vs Full Cost Accounting: An Introduction
Oil and gas exploration companies in the oil and gas industry have two choices in accounting for exploration and development costs. Successful efforts accounting is a method which writes off…
How to Choose the Best Oil and Gas Accounting Software
As accounting pros, many of us have used a variety of software programs and over the years discovered that some were definitely better than others. When it comes to the…
Oil and Gas Marketing ROI in the Digital Age
Although you are not exactly part of a marketing team, marketing in the oil and gas industry is still relevant to your role as an accountant because the ROI of…
What are CPE Credits? A Guide to CPE Credits for CPAs
As an accounting professional, you might already know about how important it is to continue learning to help further your career and provide value to your company. The accounting world…
APA® Exam Overview and Important Information
Overview The Accredited Petroleum Accountant® (APA®) certification exam is responsible for accrediting accountants within the oil and gas industry. While accounting professionals in any industry need to have an understanding…
Meet Trey Thee
Title: Manager – Finance and District Analytics Society: Tulsa Position: Director Member Spotlight 1. Where do you live? Owasso Oklahoma 2. How long have you been involved with COPAS? 9…
Meet Kim Peyton
Title:Â Managing Partner Society:Â Mississippi Position: Director Member Spotlight 1. Where do you live? Madison, MS 2. How long have you been involved with COPAS? 10 years 3. What has…
Meet Carolyn Sczepanski
Title:Â Manager Society:Â Dallas Position: Director Member Spotlight 1. Where do you live? Highland Village, TX 2. How long have you been involved with COPAS? Â Joined during 1998. Many of…
Meet Kevin Launchbaugh
Title: Managing Partner Society: Oklahoma City (PASO) Position: Director Member Spotlight 1. Where do you live? Tulsa, OK 2. How long have you been involved with COPAS? 12 years 3.…