Accounting Policies for Bp Ltd



British Petroleum is an international energy company headquartered in London, United Kingdom. BP 2009 generated worldwide consolidated sales of 239 billion U.S. dollars and employed 80 300 people. Worldwide, 83 million barrels of daily oil equivalent encouraged. Of these, BP promotes daily 4 million barrels (about 57 percent oil and 43 percent natural gas). The company has approximately 22,400 gas stations, serving 13 million customers daily.

BP maintains its accounting and reporting of financial statements complied by the guidelines entailed in IFRS. International Financial Reporting Standards is the combination of accounting standard. It states that how ...