Description

The Knowing Your COPAS Documents (KYCD) series was begun in 2010 to help new professionals be aware of and understand the principles in many of the industry standard publications COPAS offers. It was designed as a way to transfer decades of industry knowledge and guidance to those who need it, as well as be a refresher for industry veterans. It would also allow COPAS to identify documents that may need updating.  The sessions are not intended to provide in-depth analysis of COPAS publications, but rather be overviews of what publications are available for each topic covered.

The course is suitable for petroleum industry accountants and other business professionals who would like an understanding of the various COPAS documents and their applications to accounting functions and relation to governing documents.

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. Recall specific guidelines and interpretations to determine a cost’s chargeability
2. Recall “paired” provisions in the accounting procedure and joint operation agreement
3. Identify COPAS publications and recall their related provisions
4. Apply provisions correctly to Joint Venture audit situations
5. Recognize COPAS protocols for conducting a Revenue Audit
6. Calculate different types of overhead under each model from
7. Calculate joint account payroll charges

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

Webinar 1 January 16, 2025 – Directly Chargeable or Covered by Overhead
Webinar 2 February 13, 2025 – Make Sure You Read the JOA and the Accounting Procedure
Webinar 3 March 13, 2025 – The Auditor’s Toolkit
Webinar 4 April 10, 2025 – An Overhead Primer
Webinar 5 May 15, 2025 – Revenue Audit Protocols and Practice
Webinar 6 June 12, 2025 – How Do I Allocate That?
Webinar 7 July 17, 2025 – COPAS 2005 and Its Embedded Interpretations
Webinar 8 August 14, 2025 – Expense Audit Protocols and Practice
Webinar 9 September 11, 2025 – Building Joint Account Payroll Charges
Webinar 10 October 9, 2025 – Building Joint Account Overhead Charges
Webinar 11 November 13, 2025 – Help Me Process These Invoices
Webinar 12 December 11, 2025 – COPAS Economic Factors – Behind the Numbers