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
Online Access:	https://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf
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id	my-uitm-ir.14288
record_format	uketd_dc
spelling	my-uitm-ir.142882016-08-24T06:30:06Z 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 2013 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 https://ir.uitm.edu.my/id/eprint/14288/ https://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Capital costs Capital costs
spellingShingle	Capital costs Capital costs 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
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
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
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2013
url	https://ir.uitm.edu.my/id/eprint/14288/1/TM_NURUL%20FARHANA%20MOHD%20AMI%20AC%2013_5.pdf
_version_	1783733246615355392

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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