This session will provide an update to the current accounting and regulatory issues relevant to the oil and gas industry from the perspective an Associate Chief Accountant at the SEC within the Office of the Chief Accountant. Accounting issues associated with implementation of new standards and recent GAAP interpretations will be discussed. Recent regulatory activities involving Commission rules and enforcement actions will also be discussed.
• Participants will be informed on current accounting issues that are relevant to the oil and gas industry from a regulatory perspective in order to better manage their financial reporting and disclosure risks
• Inform participants on current regulatory matters to assist companies in providing transparent disclosures to investors