Because of the unique nature of oil and gas operations, accounting methods used by oil and gas exploration and production companies are different from the methods used in other industries. These modules will introduce the petroleum industry field activities of geological and geophysical exploration, leasing, and drilling activities, and accounting for those operational activities. The focus will be on generally accepted accounting principles for financial reporting purposes in the oil & gas industry.

SmartPros Ltd. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org

SmartPros Ltd. is registered with the National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) sponsor of continuing professional education. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding QAS program sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org

SmartPros courses are QAS certified and based on 50 min./credit hr. Credits may vary in some states; please check with your State Board of Accountancy.

SmartPros Educational Division courses qualify for continuing education credit for CMAs and CFMs in all states.