Dear Members

IFRSLIST.com is Media Partner of IIR’s 14th Annual Tax, Accounting & IFRS for Oil & Gas companies, in London next 8th – 10th December.

A special offer is reserved to you in case you register by 11 September 2009 (see attached email for more details)

Kind Regards
Simone Salvi

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Download the Agenda: http://www.iir-events.com/IIR-Conf/page.aspx?id=22239

Visit the website: http://www.iir-events.com/IIR-Conf/page.aspx?id=22238

Register by 11th September 2009 & SAVE up to £850!

Plus SAVE an extra 10% as a IFRSList.com member- please quote KM2236IFRS

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Dear Members,

I wanted you to be among the first to see the final programme for IIR’s Taxation, Accounting & IFRS for Oil & Gas Companies events. Now in its 14th successful year, these events continue to address the plethora of complex reporting and taxation issues for financial professionals within the UKCS extractive industry.

1. TAXATION FOR OIL & GAS COMPANIES
Tuesday 8th December 2009

This is a unique opportunity for senior oil & gas tax managers to engage with the HMRC and discover the implications for UKCS oil & gas with regards to PRT, new investment incentives, and how the government can help deliver more production from the UKCS.

Taxation for Oil & Gas Companies highlights include:

* HMRC ADDRESS – Current Operational Policy & Technical Developments
* Industry Panel Discussion: NEW INCENTIVES & A NEW GOVERNMENT?
* LOSS UTILISATION TECHNIQUES
* Benchmarking YOUR TAX FUNCTION EFFECTIVENESS
* M&A: Deals, Capital Gains Taxation & Reliefs
* FINANCIAL INSTRUMENTS: Derivative Contracts, Hedging & Emissions Trading
* CHANGE OF USE: costs, guarantees, set-asides and reliefs for decommissioning
* WIDER TAX ISSUES: Essential (non-Oil & Gas Specific) Tax Update
* CGT: utilisation and reliefs

2. ACCOUNTING FOR OIL & GAS COMPANIES
Wednesday 9th December 2009

Serving as a high level strategic insight into what changes to IFRS / UK SORP accounting are to be expected, this day offers you a first opportunity to hear first-hand from the IASB’s Extractive Activities project leaders. Accounting for Oil & Gas Companies highlights include:

* IASB – the EXTRACTIVE ACTIVITIES PROJECT Discussion Paper
+ followed by Q&A panel
* IASB – the JOINT ARRANGEMENTS Exposure Draft
+ followed by Q&A panel
* The Broader Financial Officer’s Agenda:

NEW GOVERNANCE & FINANCING ISSUES

* Transitioning from UK GAAP (SORP) to IFRS
* Accounting for DECOMMISSIONING
* Accounting for FINANCIAL INSTRUMENTS & EMISSIONS
* An Introduction to PRODUCTION SHARING AGREEMENTS

3. IFRS FOR OIL & GAS COMPANIES
Tuesday 10th December 2009

This in-depth, interactive event will take you beneath the strategic direction of IFRS and focus on making the correct IFRS computations and disclosures whilst highlighting how the changes may critically affect your business. IFRS for Oil & Gas Companies highlights include:

* The treatment of IMPAIRMENT OF ASSETS
* DECOMMISSIONING under IFRS
* How IFRS applies to operators of JOINT VENTURES – CASE STUDY
* Accounting for RISK SHARING ARRANGEMENTS under IFRS
* Overview of IAS12
* Super DEDUCTIBLE ASSETS
* Volume flexibility in SUPPLY CONTRACTS
* Modernization of the oil and gas reporting requirements (SEC requirements)

The series again features strong professional support from INDUSTRY BODIES and OIL & GAS PRODUCERS alike, such as:

* IASB
* OIAC
* HMRC
* OIL & GAS UK
* BP
* ENI
* SHELL
* CENTRICA
* PETRO-CANADA

REMEMBER – Register by 11 September 2009 & SAVE up to £850!
Tel + 44 (0) 20 7017 7790
Fax + 44 (0) 20 7017 7824
Email: mailto:registration@informa.com
Download the Agenda: http://www.iir-events.com/IIR-Conf/page.aspx?id=22239
Visit the website: http://www.iir-events.com/IIR-Conf/page.aspx?id=22238
Please quote VIP code: KM2236IFRS when registering to get your 10% discount.

Yours sincerely,
Duncan Reid
Conference Producer
IIR Conferences
Please note discounts apply to new registrations only.

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