Oil And Gas Accounting
Overview
The extent to which the oil and gas sectors of economies will be beneficial to the development process of countries depends on the quality of accounting practice. In this course, participants will be exposed to the accounting practices in the oil and gas industry.
Who to Attend
Senior and Middle Level Management Staff of Finance and Accounts Departments of Oil Companies.
Objectives
The objectives of the course are, to:
- Enable participants to understand the elements of oil and gas accounting.
- Enable participants to identify the skills required for accounting practices in the oil and gas industry.
- Stimulate participants to maintain high quality accounting records for their firms.
Outline
- Overview of Oil and Gas Accounting and Finance.
- Financing Options and Challenges in the Oil and Gas Industry.
- Costs and Investments.
- Oil Transportation and Freight Costs.
- Cash Flow Projections.
- Petroleum Fiscal Regimes.
- Taxation in the Oil and Gas Industry.
- Oil Pricing.
- Budgeting in Oil and Gas.
- Oil Contracts and Rent Sharing.
- Financial Markets: Futures, Contracts, Hedging, and Derivatives.
- Transparency and Accountability: Ethics and Accountability.
- Extractive Industries and Transparency Initiatives (EITI).
Booking Information
Location and Date:
London: 29th April – 10th May, 21st Oct – 1st November, 18th – 29th November
Dubai: 27th May – 7th June
Fee: $9,600(2 weeks)
$5,500(1 week)
