The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami

One of the possible ways to grasp a quick understanding on how oil and gas accounting works at the surface is to provide some rationalisations in mastering the treatments of capitalisation, impairment and write-off of the Intangible Assets.Adjustments towards Intangible Assets thus by far is one of...

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Main Author:	Mohd Ami, Nurul Farhana
Format:	Thesis
Language:	English
Published:	2013
Subjects:	Capital costs Investment, capital formation, speculation
Online Access:	http://ir.uitm.edu.my/id/eprint/14288/ http://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf

id	uitm-14288
recordtype	eprints
spelling	uitm-142882016-08-24T06:30:06Z http://ir.uitm.edu.my/id/eprint/14288/ The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami Mohd Ami, Nurul Farhana Capital costs Investment, capital formation, speculation One of the possible ways to grasp a quick understanding on how oil and gas accounting works at the surface is to provide some rationalisations in mastering the treatments of capitalisation, impairment and write-off of the Intangible Assets.Adjustments towards Intangible Assets thus by far is one of the most critical aspects in recognising and realising how intricate oil and gas accounting can be. Having to manage the book of accounts in one of the prominent oil and gas organisation can indeed give a difficulty to anyone. That is of course, to have a set of objectives that the financial statements must be accurate in terms of true and fair view is a concern for every individuals and the related parties as a whole. Thus, this research will provide insights on how the accounting adjustments of Intangible Assets are being practiced in the studied oil and gas organisation and how their current procedures overcome the obstacles of having to identify and to treat billions of expenditures appropriately in the span of the Intangible Assets. The objectives of this research paper are to (i) ascertain the importance of choosing effective accounting method for capitalisation, impairment and write-off of Intangible Assets in oil and gas accounting, (ii) to evaluate the current accounting practices on Intangible Assets of the prominent oil and gas organisation and (iii) to identify any problems in the current accounting practices of the organisation and its approaches in alleviating the problems. This research paper is based on the primary data retrieved from the personal observation on the accounting treatments, interview sessions with experienced finance operation managers and questionnaires responded by participants from various working levels in the organisation. The study provides vital information to the field of oil and gas accountants in particular on how to manage the accounting treatments of Intangible Assets in rightful manner 2013 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf Mohd Ami, Nurul Farhana (2013) The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami. Masters thesis, Universiti Teknologi MARA.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Capital costs Investment, capital formation, speculation
spellingShingle	Capital costs Investment, capital formation, speculation Mohd Ami, Nurul Farhana The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
description	One of the possible ways to grasp a quick understanding on how oil and gas accounting works at the surface is to provide some rationalisations in mastering the treatments of capitalisation, impairment and write-off of the Intangible Assets.Adjustments towards Intangible Assets thus by far is one of the most critical aspects in recognising and realising how intricate oil and gas accounting can be. Having to manage the book of accounts in one of the prominent oil and gas organisation can indeed give a difficulty to anyone. That is of course, to have a set of objectives that the financial statements must be accurate in terms of true and fair view is a concern for every individuals and the related parties as a whole. Thus, this research will provide insights on how the accounting adjustments of Intangible Assets are being practiced in the studied oil and gas organisation and how their current procedures overcome the obstacles of having to identify and to treat billions of expenditures appropriately in the span of the Intangible Assets. The objectives of this research paper are to (i) ascertain the importance of choosing effective accounting method for capitalisation, impairment and write-off of Intangible Assets in oil and gas accounting, (ii) to evaluate the current accounting practices on Intangible Assets of the prominent oil and gas organisation and (iii) to identify any problems in the current accounting practices of the organisation and its approaches in alleviating the problems. This research paper is based on the primary data retrieved from the personal observation on the accounting treatments, interview sessions with experienced finance operation managers and questionnaires responded by participants from various working levels in the organisation. The study provides vital information to the field of oil and gas accountants in particular on how to manage the accounting treatments of Intangible Assets in rightful manner
format	Thesis
author	Mohd Ami, Nurul Farhana
author_facet	Mohd Ami, Nurul Farhana
author_sort	Mohd Ami, Nurul Farhana
title	The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
title_short	The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
title_full	The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
title_fullStr	The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
title_full_unstemmed	The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami
title_sort	appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / nurul farhana mohd ami
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/14288/ http://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf
first_indexed	2023-09-18T22:51:17Z
last_indexed	2023-09-18T22:51:17Z
_version_	1777417561246269440

The appropriateness of capitalisation, impairment and write-off on the intangible asset expenditures in the oil and gas accounting - a study on a prominent oil and gas organisation / Nurul Farhana Mohd Ami

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