Accounting Issues / Procedures Committee
Mission Statement
The mission of the IADC Accounting Issues/Procedures Committee is to facilitate the exchange of information regarding accounting and financial reporting issues, current/proposed processes and compliance with FASB, PCAOB and SEC rules and regulations through the exchange of best practices among its committee members and the industry.
Committee Officers:
- Chair: Colleen Grable, Valaris plc
- Vice Chair: Melissa Barron, Diamond Offshore
- Staff Liaison: Dean Gant, IADC
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Additional Committee Information
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The functions of the Committee include:
- Providing an open exchange of information concerning accounting and reporting issues through regular meetings.
- Reviewing proposed rules and regulations as they may affect accounting and/or financial reporting practices.
- Facilitating the dissemination of relevant accounting information to the industry.
For more information please Contact the IADC Accounting Issues / Procedures Committee.
A member appointed by the Chairman of IADC will chair the Accounting Issues / Procedures Committee. The Committee Chairman may at his discretion appoint a reasonable number of Committee Vice-Chairmen to oversee specific disciplines or issues (e.g., onshore/offshore safety issues, environmental practices, specific regulatory issues, etc.)
General meetings are open to participants from all categories of IADC membership. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.
General meetings are open to participants from all categories of IADC membership. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee.
IADC Committee activities are governed by IADC’s Antitrust Policy and Guidelines. Click here for information on the policy and guidelines.
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