For public companies with a December 31, 2018 fiscal year-end, new hedge accounting rules will become effective on January 1, 2019. The FASB (Financial Accounting Standards Board) issued the new hedge accounting guidance on August 28, 2017, through ASU (Accounting Standards Update) No. 2017-12. The ASU provided the election to…
As a Managing Director at Opportune, Shane assists companies and financial institutions throughout North America, South America, Europe and Asia-Pacific in their understanding of what is possible as they deal with the challenges of implementing risk management programs and highly technical accounting pronouncements. Shane oversees the risk management, derivatives, stock-based compensation and complex securities service offerings of Opportune. He assists clients with the entire risk management life cycle, including strategy, execution, compliance, valuation and hedge accounting. He has undergraduate and graduate degrees in accounting from Oklahoma State University. He is also a member of the American Institute of Certified Public Accountants.
- Shane Randolphhttps://energiesmedia.com/author/shane-randolph/
- Shane Randolphhttps://energiesmedia.com/author/shane-randolph/
- Shane Randolphhttps://energiesmedia.com/author/shane-randolph/
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.