PDI hosts several of the largest annual oil and gas accounting conferences of its kind. Focusing on royalties, national accounting rules and regulations, and taxation developments, the conferences are at the forefront of delivering the latest developments in the oil & gas accounting arena to thousands of participants worldwide.
The University of North Texas College of Business and the Professional Development Institute are extremely pleased to bring the first of what is expected to be its annual Accounting & Financial Reporting Conference to the North Texas area. The Conference provides an opportunity for meaningful interaction between business and accounting professionals, policy makers and the private sector. The one day program includes topics relevant to financial executives, accountants, owners/managers of business organizations, CPAs, financial analysts, attorneys and others interested in staying abreast of current financial reporting issues. The agenda includes outstanding speakers from the FASB, IASB, SEC, PCAOB, Federal Reserve, CPA and legal firms who will bring you up-to-date on important developments.
CPE Credits: Up to 8 hours. CPE certificates will be distributed at the end of the conference.
The 2010 conference will take place on November 12, 2010 in Dallas. Mark your calendars!
- Update on Current Status of FASB Activities- Kevin Stoklosa, FASB Assistant Technical Director
- Recent SEC Developments & How They May Impact Your Organization- James Kroeker, SEC Chief Accountant
- Convergence Effects of FASB & IASB and the Impact of International Standards- Paul Munter, Partner- KPMG LLP
- An Understanding of Some of the Largest Corporate Scandals and What Allowed Them to Happen- Belinda Beek, Assistant U.S. Attorney, US Department of Justice
- Auditing Standards, Inspections & Enforcement Activities, Martin Baumann, PCAOB Chief Auditor
- Important New Tax Developments and Preparing to Deal with Them- Linda Stiff, PricewaterhouseCoopers and former IRS Acting Commissioner
- A Look at Risk from an Entity-Wide Perspective- Henry Ristuccia, Partner- Deloitte
NAPAC - The North American Petroleum Accounting Conference, scheduled each May in Dallas, Texas, brings industry leaders together for two days of intense sessions and lively, productive discussions. Each year, NAPAC features topical general sessions and detailed concurrent sessions, annual reviews of legislative updates, leading industry speakers from both the government and private sectors, and informative exhibits from leading industry vendors. This perennial favorite, considered by many to be the premiere oil and gas industry accounting conference, is now in its 32nd year and it remains a highly regarded and well-attended event.
NAPAC 2011 is May 19-20 at the Westin Galleria in Dallas.
Hotel Room Reservation
Packet for Exhibitors
This conference is recognized by the oil and gas industry, the legal profession, governmental agencies and the accounting profession as the best place to obtain information about rules, regulations, court decisions, activities of various organizations and current practices and developments that assure participants an up-to-date understanding of royalty determination and payment. Leaders gather to make available to participants their wealth of knowledge resulting from their years of education, experience and personal contacts. This conference presents a unique opportunity for anyone interested in the determination, payment or receipt of royalties to expand his or her knowledge and to hone skills. The variety of sessions assures that each hour of the conference provides a valuable learning experience.
The 2010 conference will be held November 1-2 in the Dallas area at the Crowne Plaza in Addison.
View Conference Materials
NATIONAL OIL AND GAS ROYALTY CONFERENCE
November 1-2, 2010
Dallas, Texas
November 1, 2010 (Monday)
8:15 a.m. Welcome and Announcements
8:20-9:25 a.m. Opening General Session
Analysis of Past and Future Energy Consumption and Supply, Concerns and Solutions
J. Richard Moore, Consultan
9:30-10:35 a.m. Recent Regulatory Developments at the Federal Energy Regulatory Commission that May Affect Royalty Payments
Monique Watson, FERC, Washington, D.C
10:35-10:50 a.m. Break
10:55-12:00 p.m. Royalty Litigations, Deductions, and Monitoring the Purchaser
Martin Gibson, Attorney, Patton Boggs, Dallas
12:00-1:25 p.m. Lunch and Presentation
Land Commissioner's Update on Royalty Issues and Renewable Energy
Jerry Patterson, Texas General Land Office (GLO) Commissioner
1:30-2:35 p.m. CONCURRENT SESSIONS
Current Goals and Projects of the National Association of Royalty Owners (NARO)
Jerry Simmons, Executive Director, NARO
Duties of Operators to Royalty Owners and Non-Operators
Robert Beatty, Partner, Locke Lord Bissell & Liddell
2:40-3:45 p.m. CONCURRENT SESSIONS
Policies and Procedures to Prevent and Detect Fraud in Royalty Determination and Payment
Mary Ellen Denomy
Changes in State Severance Taxes and Compliance Reporting
Bob Wilkinson, ConocoPhillips
3:45-4:00 p.m. Break
4:00-4:55 p.m. CONCURRENT SESSION
Royalty Conflicts Resulting from Deductions for Post-Production Costs when Oil and Gas Production is Sold at Markets Away from the Lease
Dan Reimer
Rights and Obligations of Missing Mineral Rights Owners
Anna Presley-Burnham, Project Manager - Texas Unclaimed Property Program
5:00-6:00 p.m. Reception
November 2, 2010 (Tuesday)
8:05 a.m. Announcements
8:10-9:15 a.m. GENERAL SESSION
Legislative, Regulatory and Litigation Challenges Facing Operators on Federal Onshore and Offshore Leases and Other Recent IPAA Initiatives
IPAA speaker - Dan Naatz
9:20-10:25 a.m. CONCURRENT SESSION
Unique Royalty Computation Issues Related to Production from the Shales
Joni Van Meter, XTO
Major State Legislative Activities That May Affect Royalty Determination
Justin Furnace, President TIPRO
9:25-10:40 a.m. Break
10:45-11:50 a.m. The Impact of Economic Recovery on Energy, Supply, Demand, Prices and Regulations
Eddie Thomas, Energy Information Administration, U. S. Department of Energy
11:55-1:15 p.m. Lunch and Presentation
The Impact on Royalty Payments When Internal Controls Fail: Case Studies in Prosecution
Belinda Beek, Assistant U.S. Attorney/Houston
1:20-2:25 p.m. Update on the Department of Interior's Natural Resources Revenue Activities
Debbie Gibbs-Tschudy, Deputy Associate Director, U. S. Minerals Management Service
2:30-3:35 p.m. The Continuing Conflict between Local Governments and Oil and Gas Operators over Exploration, Drilling, Production, Storage, Transportation and Abandonment Activities in Incorporated City Areas
Jeff King, Partner, LKGates
3:40-3:55 p.m. Break
4:00-5:00 p.m. Information Available Regarding Oil and Gas Royalties
The World Wide Web for Mineral Owners: A Practical Survey of Relevant Industry Sources
Jonathan Ellis, President / Willis, Graves & Associates, Inc./Austin
Join leading experts and senior professionals for a comprehensive look at the financial, legislative and geopolitical issues facing the oil and gas industry.
This two-day conference features unique industry insights as well as tax, legal and accounting updates related to the oil and gas industry. Acknowledged experts present sessions covering a wide variety of topics - both domestic and international in focus.
Conference Hot Topics include:
PDI past participants qualify for a discounted registration fee. Provide the discount code PDI09 to receive the AICPA member price. Register online or by calling 1.888.777.7077.
Oil and gas tax laws can be challenging. Arming yourself with the facts is the smart way to handle the constant influx of information that this changing industry presents. The Oil and Gas Taxation Institute is a two-part information-packed program that explains tax laws and explores implications using case studies and thoroughly documented reference materials. Instructors lead you through difficult concepts and provide you with the tools necessary to conduct your own research.
Find out for yourself why this program is a must for industry professionals. The next tax institute will take place in December 2010.
Course facilitated by John Tripp and William Miranda.