0 | How does the accounting treatment of Depreciation and Amortization (D&A) for oil and gas assets differ from other industries, considering the unique characteristics of these assets (e.g., depletion, production decline, and uncertainty in future reserves)? |
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0 | In the Oil & Gas industry, D&A stands for Depreciation and Amortization. Here's a breakdown of how it applies: Depreciation:
Amortization:
Why is D&A important in Oil & Gas?
Specific applications in Oil & Gas:
Understanding D&A is crucial for anyone working in the Oil & Gas industry, as it impacts financial reporting, tax planning, and investment decisions. answer Aug. 11, 2024, 9:01 a.m. milleii58 0 0 0 gold badges 0 0 silver badges 0 0 {% trans "bronze badges" } |
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