Revenue, Reporting, and Compliance Management
E34576
Revenue, Reporting, and Compliance Management is a division within the U.S. Office of Natural Resources Revenue responsible for overseeing the collection, reporting, and regulatory compliance of revenues derived from federal and tribal natural resources.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
administrative unit
→
government division → |
| appliesToJurisdiction |
federal lands
→
tribal lands → |
| country |
United States
→
|
| fieldOfWork |
financial reporting
→
natural resource revenue management → regulatory compliance → revenue collection → |
| focusesOn |
revenues derived from coal production
→
revenues derived from oil and gas production → revenues derived from other mineral resources → |
| goal |
ensure accurate and timely reporting of revenues
→
ensure compliance with applicable revenue laws and regulations → ensure proper collection of natural resource revenues → |
| industry |
public administration
→
|
| jurisdiction |
U.S. federal government
→
|
| locatedIn |
United States Department of the Interior
→
|
| parentAgency |
Office of Natural Resources Revenue
→
|
| parentDepartment |
United States Department of the Interior
→
|
| parentOrganization |
Office of Natural Resources Revenue
→
|
| partOf |
Office of Natural Resources Revenue
→
|
| regulates |
companies producing natural resources on federal lands
→
companies producing natural resources on tribal lands → |
| responsibleFor |
coordinating with other ONRR program areas
→
data quality assurance for reported revenues → developing revenue reporting policies and procedures → enforcing revenue reporting regulations → ensuring accurate reporting of natural resource revenues → ensuring regulatory compliance for natural resource revenues → identifying noncompliance in revenue reporting → implementing revenue reporting requirements → initiating corrective actions for reporting discrepancies → maintaining systems for revenue reporting and data management → monitoring company-reported production and sales data → monitoring company-reported royalty and rental payments → oversight of revenue collection from federal natural resources → oversight of revenue collection from tribal natural resources → providing guidance to payors on reporting requirements → supporting audits and compliance reviews → supporting distribution of collected revenues to beneficiaries → tracking compliance with payment deadlines → |
| usesRegulation |
ONRR reporting rules and guidance
→
federal natural resource revenue regulations → |
| worksWith |
energy and natural resource companies
→
federal agencies managing natural resources → tribal governments → |
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
Office of Natural Resources Revenue
→
|
subsidiaryOrganization |