DEPRECIATION, DEPLETION AND AMORTIZATION – DD&A
A method of accounting associated with the acquisition, exploration and development of new oil and natural gas reserves. Depreciation is a means of allocating the cost of a material asset over its useful life, such as operating equipment. Depletion is used to allocate the cost of extracting natural resources from the earth, and is the actual physical depletion of a natural resource by a company. Amortization is the deduction of capital expenses over a specified time period (typically the life of an asset), which in the case of oil and gas, refers to tangible non-drilling costs sustained while developing the reserves.
POPULAR TERMS
Self-insure
Self-insure is the process of regulating risks in case of an unexpected loss by putting aside s pool of monetary asset. In theory, you can self-ins ...
Pairoff
The term pairoff refers to as when a firm buys securities to offset a transacted sale before of the same security.
National Insurance Contributions - NIC
NIC are made by payroll and income taxes. Contributions expanded over the years to cover other government-provided benefits.
Tunisian Dinar
Currency abbreviation for the Tunisian dinar, the official currency of Tunisia. The currency is comprised of 1,000 milim and presented with the sym ...
Cash Flow Plans
Strategy in which an insured can control the premium payments they must make on their insurances. It allows the individual to coordinate the flow o ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 19:40 | FOMC Member Neel Kashkari Speaks |
