For Upstream Oil & Gas
04-08 Oct 2021
15:00 Singapore time
06-10 Sep 2021
08:00 London time
20-24 Sep 2021
08:00 Houston time
Finance and accounting is the universal business language that enables organisations to evaluate business economics, appraise investment decisions, manage resources and report upon these. Competitive advantage can be gained through enhanced financial management and improved allocation resources.
What will you learn?
- Describe and apply the core concepts and terminology for accounting and finance in the oil and gas sector.
- Examine the different financial statements and they interact including profit statement, balance sheet and cashflow.
- Establish how financial and accounting decisions affect earnings, cash flows and operational decisions.
- Apply accepted capitalisation rules and depreciation methods within E&P.
- Analyse and interpret the result of E&P businesses including the use of accepted oil and gas reserves-based ratios.
- Analyse the financial consequences of contractual arrangements such as production sharing agreements
- Contrast and compare the commonly found accounting treatments in the industry under both IFRS and US GAAP frameworks.
Who should attend?
This course is for operational managers with financial responsibilities wishing to gain or deepen their knowledge and application of accounting practices in upstream oil and gas.
Questions about the course?
Why don't you schedule a free Microsoft Teams meeting with one of our advisors at your convenient time?
Meet your trainer
Alan is an accounting and finance professional with over thirty years’ experience. For the past twenty two years Alan has specialised in consulting and the delivery of in-house and public training, delivering programmes in financial reporting, financial management and analysis of financial information with a focus on upstream oil and gas.
His experience includes delivery and development of in-house training programmes in IFRS for oil and gas for BP, Eni, Kogas, Gazprom, Petronas, Nigerian LNG, Mubadala and Ugandan Revenue Service and has run numerous public courses in the Far East, Middle East, Africa and Europe in financial reporting for oil and gas for a wide range of international and national oil companies and public regulators.
Due to the global pandemic all our courses are now delivered virtually using MS Teams & Zoom platforms
All our classroom sessions are suspended due to the global pandemic. We will resume our classroom style delivery once the pandemic is over and travel restrictions lifted
All our courses are available In-House and can be tailored to your specific needs. If you are interested in having this course In-House either in your office or in any location of your choice, please complete the form below and one of our advisors will be in touch with you shortly.
Do you have ten or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.
We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment
Questions about the course?
Why don't you schedule a free Microsoft Teams meeting with one of our advisors?
Restrict your travel not your training
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