IADC AIP Committee

Meeting & Venue Details

Start DateMarch 18, 2026Start Time9:00 am
End DateMarch 18, 2026End Time10:00 am

Virtual Meeting

The zoom invitation will be emailed the day before the meeting to those who have registered. Note: Email containing the Zoom info may be filtered into spam, so please check there if you haven’t received the email. If you have not received your Zoom link by 3:00pm CDT on the 17th, please email committee.support@iadc.org for assistance.

REGISTER NOW

Agenda

Acquisition accounting updates

Implications of the Mergers & Acquisition on Industry Reporting Practices.

  • Potential impacts on industry accounting and reporting:
    • Consolidation challenges across accounting policies
    • Integrating contract assets and drilling backlog
    • Potential industry‑wide implications for disclosures among offshore drillers

AI development in Finance

    • AI for Month‑End Close & Workflow Automation
    • Exchange lessons learned, successful pilots, challenges, and opportunities to accelerate AI adoption across the industry.

Initial evaluations of ASU 2024-03 – Disaggregation of Income Statement Expenses

Corporate Sustainability Reporting Directive (CSRD)

IADC Accounting Issues/Procedures (AIP) Committee Mission

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 INFO

Quick Links

IADC COMMITTEES
IADC ACCREDITATION
IADC CONFERENCES
IADC BOOKSTORE
IADC MEMBERSHIP
General Committee 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. For any questions, please contact the IADC Committee Coordinator. IADC Technical Committee meetings are not open to the Press.