This course will furnish candidate with a strong foundation in the financial parts of oil and gas exploration and production. With this program there will be a prompt and reasonable application at your workplace. This course will focus on the finance and accounting issues explicitly affecting the industry, and it is designed for non-finance specialist in oil and gas industry who need to comprehend the financial ramifications of the work to do.
Course Objectives:
At the end of this course, delegates will be able to:
- Evaluate financial statements to identify and recommend improvements within their own organization
- Use departmental budgets and monthly management reports to help you exercise financial control over your area of operations
- Prepare financial statements in line with international financial reporting standards
- Assess the success rate of requests for authorisation of expenditure and make more effective use of funds allocated
- Recognize appropriate methods of training capital projects
- Apply IFRS to oil and gas exploration, development and production activities
Who Should Attend?
- Financial accountants in the oil and gas industry
- Management accounts of IOC’s and NOC’s
- Internal and external auditors of oil and gas companies reporting under IFRS
- Staff of revenue authorities and NOC’s working with IOC’s
Delivery Method: This will include combine lectures, discussions, group exercises and illustrations. Participants will also understand the theoretical and practical knowledge of the topic.
Venue: London
Fee:
Duration: 1 week
Course Date: June 19th – 23rd, 2023
Course Curriculum
ABOUT INSTRUCTOR
- 0 Lectures
- 0 Quizzes
- Duration 100 hours
- Skill level All levels
- English Language
- 0 Students