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Detail
ArtikelForging A Union  
Oleh: Dennis, Anita
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 184 no. 5 (Nov. 1997), page 81-83.
Topik: unions; forging; union
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.2
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelSean D. Windsor is the manager of diversification accounting services at Brooklyn Union Gas Co., a $ 1.4 billion utility that serves the New York City boroughs of Brooklyn, Staten Island and Queens. In addition to its core business as a natural gas utility, the company maintains energy - related investments, such as a Houston subsidiary that explores for and produces oil and natural gas and some natural gas pipeline investments. Windsor is the liaison between Brooklyn Union's financial operations and those at its non regulated or subsidiary companies. He reports to Brooklyn Union's comptroller, Dick Desmond, and works closely with the subsidiaries' comptrollers and accounting personnel. His job entails ensuring that accounting policies are consistent, reviewing the subsidiaries' operations to identify problems and keeping the far - flung companies abreast of new developments in accounting literature or applications. When the subsidiaries send him their monthly earnings, he analyzes variances from budget and identifies trends that should be examined, such as investment losses or declines. Frequently, he tackles a special project, such as determining what would be in the parent subsidiary's best interest if, for example, the oil and gas unit converts from the full - cost method of accounting for its oil and gas properties to the successful efforts method. In another case, last fall, Brooklyn Union sold part of its oil and gas subsidiary in an initial public offering. Windsor worked with the underwriters to prepare financial statements, to ensure that written information in the offering wasn't misleading and to look out for the parent company's interests.
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