Certified Public Accounting Firm

Oil and Gas Audits

We understand the oil and gas industry

At MaloneBailey, LLP we understand the complexities of the oil and gas industry and the numerous challenges you face. Your audit and accounting requirements should not be a distraction to the focus of your core business. Our seasoned professionals provide specialized SEC-regulated audit, tax, private audit and consulting services to upstream, midstream and downstream companies. Our client base includes drilling, exploration and production, refining and marketing, gas marketing and distribution companies.

At MaloneBailey, LLP, we understand the accounting and reporting implications for oil and gas companies including:

  • SEC Rule SX 4-10 Full Cost Accounting
  • ASC 932 Successful Efforts Accounting
  • ASC 805 Purchase AccountingProduction Revenue and Royalty Accounting
  • Joint Venture Accounting and Joint Interest Billings
  • Depletion, Depreciation and Amortization
  • ASC 410 Asset Retirement Obligations and Environmental Issues
  • Reserve Report and ASC 360 Analysis
  • ASC 932 Oil and Gas Reporting Disclosures
  • Multi-Currency Accounting and Reporting
  • Production Imbalances
  • Debt and Equity Financing Arrangements
  • ASC 815 Derivative Accounting

Whether you are an operator or non-operator, gas vs. oil focused or domestic vs. international company, we understand your business and can provide you the expertise you need.

For additional information about how we can help you, please contact George Qin.