TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

successful efforts accounting method [1 record]

Record 1 1999-05-12

English

Subject field(s)
  • Financial Accounting
DEF

The method of accounting for the costs of oil and gas properties whereby only the costs that result in the discovery of oil and gas reserves are capitalized.

OBS

Compare with "discovery value accounting", "full costing" and "reserve recognition accounting".

French

Domaine(s)
  • Comptabilité générale
DEF

Méthode de comptabilisation en usage dans l'industrie minière, pétrolière et gazière et qui consiste à porter à l'actif les seuls frais correspondant à des efforts de prospection couronnés de succès et à les amortir subséquemment sur le produit de l'exploitation du gisement découvert.

OBS

Selon cette méthode, les frais de la recherche infructueuse sont immédiatement passés en charges.

Spanish

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