Sep 29, 2020  
University of Alberta Calendar 2020-2021 
    
University of Alberta Calendar 2020-2021

ACCTG 663 - Accounting for Natural Resources, Energy and the Environment


★ 3 (fi 6) (either term, 3-0-0) This course covers accounting rules and practice in the area of natural resources, energy and the environment. Some topics include mineral rights and exploration costs, emissions trading, environmental reporting and liabilities. While it does contain technical material, it is meant for both accounting and non-accounting students. Both International and U.S. generally accepted accounting principles (GAAP) will be explored. The focus will be on understanding how firms in this area report their natural resource assets and related liabilities. Prerequisite: ACCTG 501.