Project Status Report

*Project Status Report as of July 31, 2019

COPAS Model Forms

CommitteeProjectStatusComments By
Anticipated Council Vote
Joint Interest Accounting Procedure Anticipate releasing draft 3 prior to April meeting TBD

COPAS Model Forms – Modifications & Interpretations

CommitteeProjectStatusComments ByAnticipated Council Vote
Joint Interest Remote Technology CentersVoting draft anticipated in Feb., committee vote in April
Fall 2020
 Joint Interest MFI to accompany new model form Accounting ProcedureAnticipate releasing draft 1 prior to April meeting, with draft 3TBD
Joint InterestMFI-40, 24-Month Adjustment Period for Joint Account AdjustmentsAnticipate releasing draft 1 in AprilTBD

COPAS Accounting Guidelines

CommitteeProjectStatusComments ByAnticipated Council Vote

No projects to report at this time 
 N/A

COPAS Training & Reference

CommitteeProjectStatusComments ByAnticipated Council Vote
RevenueTR-7, Severance Tax GuideSeverance Tax Guide is updated for 2019 & available for sale. Volunteers needed for 2020 updates – contact Revenue Committee Chair.