An excellent training manual and professional reference, Fundamentals of Oil & Gas Accounting, 5th Edition, is packed with examples, diagrams, and appendices. The scope of this text is simply unmatched. The book has been completely updated to reflect the current issues facing oil and gas producers operating in both U.S. and international locations.
Inside you'll find: • A new chapter on asset retirement obligations and asset impairment • An added section on project analysis and investment decision making • Updated coverage of asset exchanges and fair value reporting...

Professor Charlotte Wright updates her indispensable accounting book for the oil and gas industry in this revised & expanded sixth edition. The past several years have seen significant changes in the accounting and disclosure rules for the industry. While the book has thorough updates throughout, there are new industry issues specifically addressed from the accounting perspective.
Some of the significant updates and new material include:

• Discussion of the significance of shale and unconventional production as it relates to accounting principles
• New definitions of...