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JIBC-WEB Principles of Joint Interest Accounting Live Webinar Series

$675.00

Members receive 20% off webinars and 50% off publications

JIBC-WEB Principles of Joint Interest Accounting Live Webinar Series

Description

This series of webinars is for individuals who wish to gain a broad understanding of introductory Joint Interest Accounting.  It is suitable for petroleum industry new hires, business professionals, investment advisors, analysts, regulators, government employees, accountants, lawyers, community leaders, and the general public. Experienced attendees have found the course helps define Joint Interest Accounting as it pertains to their specialty area.  Please note questions in this accounting series may require access to a calculator.

Learning Objectives for Full Series:

Upon completion of this webinar series, you will be able to:

  1. Identify and explain key joint interest agreements and ownerships
  2. Analyze the different agreements for joint ventures in the oil and gas industry
  3. Evaluate the major provisions of COPAS Accounting Procedures and how such accounting procedures have evolved over time
  4. Apply concepts to properly analyze and account for costs onto a joint interest invoice
  5. Explain the differences between direct and indirect costs and their effect on JI billing
  6. Demonstrate the differences and procedures for overhead calculations with respect to various COPAS accounting procedures
  7. Determine tangible equipment pricing in relation to accounting and reconciliation procedures to identify charges to the joint venture
  8. Recognize unique joint interest account situations and apply concepts learned in determining when special JV adjustments apply
  9. Explain key accounting alternatives to allocate costs to multiple joint ventures
  10. Identify the proper accounting entries for various joint venture transactions
  11. Apply key accounting controls to ensure financial and accounting control over transactions

The webinar consists of 12 individual webinars. Click on a title below to purchase an individual webinar or view a webinar’s full description.

Webinar 1 January 11, 2023 – Overview of Joint Ventures
Webinar 2 February 14, 2023 – Agreements
Webinar 3 March 15, 2023 – Historical Perspective on COPAS Accounting Procedures
Webinar 4 April 12, 2023 – Dissecting a COPAS Accounting Procedure I
Webinar 5 May 17, 2023 – Dissecting a COPAS Accounting Procedure II
Webinar 6 June 14, 2023 – Direct vs. Indirect Costs
Webinar 7 July 12, 2023 – Overhead
Webinar 8 August 16, 2023 – Materials
Webinar 9 September 13, 2023 – Special Joint Venture Adjustments
Webinar 10 October 11, 2023 – Allocations
Webinar 11 November 15, 2023 – Joint Interest Billings
Webinar 12 December 6, 2023 – Accounting for Joint Venture Costs

 

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Additional information

Dates

Jan 11 – Dec 6, 2023

Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
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OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

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