Project Status Report

*Project Status Report as of July 31, 2020

COPAS Model Forms

CommitteeProjectStatusComments By
Anticipated Council Vote
Joint Interest Accounting Procedure Draft 3 released July 31October 30

COPAS Model Forms – Modifications & Interpretations

CommitteeProjectStatusComments ByAnticipated Council Vote
Joint Interest Remote Technology CentersNew 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 ProcedureDraft 1 released July 31October 30
Joint InterestMFI-40, 24-Month Adjustment Period for Joint Account AdjustmentsProject paused. Team plans to resume work later this year.

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 GuideVolunteers needed for 2020 updates – contact Revenue Committee Chair.