COPAS Model Forms – Modifications & Interpretations
Committee
Project
Status
Comments By
Anticipated Council Vote
Joint Interest
Remote Technology Centers
New draft to be distributed to JI and Audit Committee in late September.
Comments will be accepted through November once the new draft has been issued.
Joint Interest
MFI to accompany new model form Accounting Procedure
Draft 1 released July 31
October 30
Joint Interest
MFI-40, 24-Month Adjustment Period for Joint Account Adjustments
Project paused. Team plans to resume work later this year.
COPAS Accounting Guidelines
Committee
Project
Status
Comments By
Anticipated Council Vote
No projects to report at this time
N/A
COPAS Training & Reference
Committee
Project
Status
Comments By
Anticipated Council Vote
Revenue
TR-7, Severance Tax Guide
Volunteers needed for 2020 updates – contact Revenue Committee Chair.
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Refer a fellow oil and gas accounting professional to take this course. When the person you refer enrolls, your next webinar is on us. Choose any webinar in the COPAS Energy Education Store. That’s a free CPE credit eligible course as our way of saying “thank you.” You can earn one free webinar per referred person who enrolls.
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