National Accounting & Auditing School for Joint Interest Operations (NAASJIO)

NAASJIO-provides the latest information on joint interest
accounting trends and current COPAS pronouncements. Participants will gain an
understanding and application of the various agreements used in joint interest
accounting. They will also gain an understanding of the joint interest audit
function, including COPAS procedures and standard audit techniques.

NAASJIO has been designed by oil and gas accounting and auditing professionals
to provide up-to-date information to those with limited experience in joint
operations.

Highlights of the program include: Background and purpose of joint operations;
comparisons of COPAS accounting procedures and operating agreements; utilization
and application of operating and accounting data- daily reports, joint interest
billings, AFES; the audit process- preliminary steps, fieldwork, reports; a case
study; and discussion of problem areas, industry trends and practices.