Disclosure of provisions for decommissioning costs in annual reports of oil and gas companies: A content analysis and stakeholder views

Abdo, Hafez and Mangena, Musa and Needham, Graham and Hunt, David,(2018), Disclosure of provisions for decommissioning costs in annual reports of oil and gas companies: A content analysis and stakeholder views. , Accounting Forum, UNSPECIFIED

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Abstract

This study examines the extent of compliance with accounting disclosure requirements relating to provisions for decommissioning costs by oil and gas companies. We also investigate the views of stakeholders on the reporting practices of these companies. Using a content analysis approach, our findings reveal that compliance is substantially high, but companies tend to take a tick-box approach providing only minimum disclosure requirements. In semi-structured interviews, we find that disclosure decisions were driven by concerns about the credibility of information due to complexities in the accounting processes, regulatory requirements, lack of information demand and proprietary costs. These findings have policy implications
Keywords : Disclosure decisions Compliance, Decommissioning costs Factors of disclosure International accounting, standards Oil and gas sector Provisions, UNSPECIFIED
Journal or Publication Title: Accounting Forum
Volume: 42
Number: 4
Item Type: Article
Subjects: Akuntansi
Depositing User: Users 8 not found.
Date Deposited: 20 Dec 2019 03:07
Last Modified: 20 Dec 2019 03:07
URI: https://repofeb.undip.ac.id/id/eprint/521

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