IADC AIP Committee

Meeting & Venue Details

Start DateJune 17, 2025Start Time9:00 am
End DateJune 17, 2025End 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 the day prior, please email committee.support@iadc.org for assistance.

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Agenda

  • Introduce new attendants ( if any)
  • Brief overview of committee growth and future direction
  • Accounting for standby/downtime and deferred revenue
  • Handling per diems, remote workforce costs, and crew changes

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

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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.