Oil & Gas Accounting: Seminar 3 - Asset Retirement Obligation (ARO)

#accounting #oilandgas #assetretirementobligation #aro #journalentry

In this oil and gas accounting seminar we go over the basics of Asset Retirement Obligation (ARO). Everything from initial measurement, calculations, full cost vs. successful efforts, subsequent measurement, layers, journal entries, and disclosures

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0:00 ARO Basics
7:45 Initial Measurement
27:40 Int. Meas. Example
29:35 Other
35:30 Subsequent Measurement
38:20 Sub. Meas. Examples
45:25 Disclosures
53:20 Checks, Controls, Audit