Petroleum

Our industry specialization and technical expertise generate solid solutions and allow us to respond to the unique needs of the petroleum industry.

Petroleum Services

  • Aid with employee selection and hiring
  • Analysis of business sale, merger or acquisition
  • Audits and reviews of financial statements
  • Business valuations
  • Employee benefits plans
  • Entity selection
  • Evaluation of accounting systems and internal accounting controls
  • FAS109 and FIN48 compliance
  • Facilitating a team approach with your group of advisors
  • Fuel tax reporting
  • Interim and year-end financial reports
  • Long-term strategic planning including solutions for improving profit, financial performance analysis, financial systems and reporting analysis and guidance
  • Oil and gas accounting under full cost or successful efforts
  • Payroll
  • QuickBooks
  • Recommendations for improvement of control systems and profit centers
  • Software selection analysis
  • Succession planning
  • Tax planning and preparation
  • Transaction strategy

We understand the complexities of the petroleum industry and the numerous challenges you face. Your audit, accounting and tax requirements should not be a distraction to the focus of your core business. Our seasoned professionals provide specialized private audit and tax services to upstream, midstream and downstream companies. Our client base includes gas marketing and distribution companies.

Shouldn’t YOUR CPA firm specialize in YOUR industry?

“We take care of the audit, accounting, and tax requirements for our petroleum clients so they can focus their efforts on the core business.”

Conway, Deuth, & Schmiesing, PLLP

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