KYCD-WEB-11 Help Me Process These Invoices

  • Nov 22nd9 am CST60 mins
  • Intermediate
  • Group Internet Based
  • None
  • None
  • Accounting
  • 1H CPE credit

Part of: KYCD-WEB Knowing Your COPAS Documents Live Webinar Series

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If referred by a COPAS member, enter their name here.

$60

Webinar I (Directly Chargeable or Covered by Overhead?) discussed joint interest accounting issues of whether a particular cost is directly chargeable or covered by overhead. This webinar discusses some of the same basic concepts, but delves deeper into specifics, with hands-on analysis of “invoices” to determine if the cost is directly chargeable, using COPAS publications as the basis for each determination.

 

The publications include:

  • MF-1 1984 Model Form Accounting Procedure
  • MF-6 2005 Model Form Accounting Procedure
  • MFI-21 Overhead Principles
  • MFI-40 24-Month Adjustment Period for Joint Account Adjustments
  • MFI-37 Incentive Compensation Costs
  • MFI-45 Offshore Marine and Aircraft Allocations
  • MFI-49 Employee and Contractor Awards
  • MFI-56 Rig-Related Costs

Learning Objectives: By the end of this class you will be able to better understand COPAS interpretations and guidelines regarding a particular cost’s chargeability.

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