Petroleum Accounting Principles Procedures And Issues(5th Edition)

Authors:

Dennis Jennings, Joe Feiten, Horace Brock

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 1 Left

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Book details

ISBN: 0940966255, 978-0940966253

Book publisher: Professional Development Inst

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Book Price $71.8 : Petroleum Accounting: Principles, Procedures, & Issues by Dennis Jennings, Joe Feiten, and Horace Brock is a comprehensive guide dedicated to the intricate world of petroleum industry accounting. Now in its 5th edition, this essential resource dives deep into the financial and managerial aspects that petroleum accountants must navigate in this complex field. The book provides elucidative content on specific topics such as joint interest transactions, revenue recognition, and oil and gas taxation. The authors masterfully detail these technical areas, offering both a theoretical understanding and practical applications. The book's solution manual and answer key are invaluable tools for practitioners seeking clarity and verification of accounting methods. Moreover, a meticulously organized table of content helps decipher diverse issues encompassing production-sharing agreements and the regulatory environment. The book does not revolve around characters or a plot, given its nature as a technical manual, but it received notable reception for its thoroughness and its capability to serve as both an instructional guide and a frequent reference for professionals managing financial responsibilities in the oil and gas industry. Continuing emphasis on evolving accounting standards and issues due to technological and regulatory changes is a highlight, reflecting the book's ongoing relevance and need for continuous learning among professionals. The cheap price point for this book makes it an attractive option for cost-minded academic readers.

Customer Reviews

Trusted feedback from verified buyers

NT
Natalie Thornton
5.0
This edition is truly an outstanding resource for anyone in the petroleum industry. The authors have covered every conceivable aspect of petroleum accounting with precision and clarity. What I appreciate the most are the well-organized chapters and the detailed explanations. As a CPA, I found the case studies and examples very enlightening. Even with my membership discount, this book was worth every penny and arrived ahead of schedule. Definitely a must-have on the shelf.
EP
Eden Porter
4.0
As someone switching to oil and gas accounting, this book strikes a good balance between theoretical concepts and practical applications. I appreciated the structure and the level of detail provided for each topic. My only minor gripe is the high price, but getting an extra discount with my subscription made it more accessible. Overall, it was delivered quickly and safely, and I think it's a worthy investment.
MH
Mia Higgins
5.0
Petroleum Accounting Principles is by far the best guide I've come across. The explanations are clear and to the point, making complex topics seem approachable. The 5th edition has improved significantly with updated industry practices and regulations. My Prime membership got me a small discount, and it arrived well-packaged in just two days. Highly recommend it to professionals and students alike!
PO
Paisley Owens
3.0
It's a decent introduction to petroleum accounting, especially if you're already familiar with financial accounting terms. The content is comprehensive, but at times, it felt a bit dense to get through. Nevertheless, the case studies were helpful. It arrived promptly, which was great service, as always. Could use more visuals though.