Course in Financial Accounting in Oil and Gas Companies

This Financial Accounting in Oil and Gas Companies training course provides the essential financial knowledge and skills to enable delegates to successfully recommend appropriate methods of finance and to prepare, understand and evaluate financial accounts for the Oil & Gas industry. It focuses on the finance and accounting issues specifically affecting the industry including: IFRS 6 Exploration for and Evaluation of Mineral Assets, Accounting Approaches, The “Successful Efforts” and “Full Cost” (FC) Method, Accounting for Reserves, Resources & Assets.

By the end of the course, participants will be able to:

Who Should Attend?

• Accountants & Finance professionals responsible for financial accounting, treasury, budget preparation, and management reporting.
• Bankers and professionals who work in Energy Lending.
• Those responsible for raising and managing finance.
• Those responsible for making or contributing to capital decisions.
• Those responsible for making decisions based on finance budgets.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• The knowledge and skills to help further develop your career.
• The latest tools and techniques to assist you in your role.
• Recommend appropriate methods of financing capital projects.
• Evaluate capital investment proposals.
• Prepare financial statements in line with International Financial Reporting Standards.
• Evaluate financial statements to identify and recommend improvements within their own organization.