تأثير المعالجة المحاسبية لأجرة المقاول المحددة لعقود التراخيص النفطية على احتساب كلفة إنتاج برميل النفط الخام في ضوء المعيار الدولي IFRS-6 : بحث تطبيقي في شركة نفط الجنوب

Abstract EN

The research is focusing on the Accounting Processing for contractor fees (Remuneration Fees) due to Foreign companies which contracting with South Oil Company to implement oil licensing contracts (first round) fields (Rumaila, Zubair, and West Qurna field).

The research problem lies on the absence of specific accounting process of Remuneration Fees amount within these contracts, in addition to that there is no accounting legislation for licenses activity in general, so SOC considered the Remuneration Fees as operating expenses in the annual income list, where contracting companies(BP British, and Italian ENI, and Exxon.

American) provide expenses lists ( recovery cost invoices) that reflect the activity of licenses and implementation of oil operations in the licensed fields and include due Remuneration Fees resulting from the increase in production volumes achieved from developing oil wells.

Among the most prominent objectives of research is to identify the current processing of these fees and classify them which adopted by South Oil Company according to Unified Accounting System and comparing them with the standards and principles of oil industry, especially those included in the IFRS (IFRS-6) and suggested the alternative accounting processing and stated their impact on the calculation of the barrel production cost a of crude oil.

The research concluded that there are justifications offered by the standards and principles of international accounting which considered Remuneration Fees as capitalizing costs because of their relation to costs of developing the oil wells, and it is recommended to Capitalize them in to five years according to the Accounting System of South Oil Company, in addition to the need of recommendation to issue a special Accounting Base concerning licenses activities.