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SORP

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AcronymDefinition
SORPStatement of Recommended Practice
SORPStart of Regular Production (General Motors)
SORPStatement Of Requirement Preliminary
SORPSpecial Order Research Product (Becton-Dickinson customized high-end flow cytometers)
SORPStock Option Replacement Program


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? References in periodicals archive
Proven and probable Commercial reserves are based on a Group reserves report produced by an independent engineer and are defined in accordance with the UK SORP 'Accounting for Oil and Gas Exploration, Development, Production and Decommissioning Activities'.
Under the SORP, any overlift or underlift position must be valued at market value and as adjusted through Cost of Sales.
 
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