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September 19, 2009 20099 8:06 am | In Dullinks | Comments Off-
Graham Hollis, a Partner in the Audit practice of Deloitte in Aberdeen, said, "In an industry like oil and gas where many companies operate on a global stage and across multiple countries, it is vital that these businesses understand the fundamentals of the proposed changes to accounting policy to safeguard the future of their exploration, development, production and decommissioning activities.
"These are the first insights into the biggest shake up in the oil and gas accounting rules since the 1980s so the level of interest from companies is high."
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