JIBC-WEB-9 Special Joint Venture Adjustments
This course is designed for those individuals who wish to gain a broad understanding of introductory Joint Interest Accounting. It will discuss non-consents, payouts, and well pad adjustments.
Learning Objectives: By the end of this class you will be able to
- Identify situations which lead to special Joint Venture adjustments.
- Recall how to account for and handle adjustments using industry recommended practices and understand the role of the JV accountant.