Financial Accounting, Reporting and Business Support in the Oil and Gas Industry

You will also examine the latest risk management techniques, enabling you to manage and control oil price, exchange rate and interest rate volatility using derivatives. In addition we will explore project management techniques in this exciting course designed to develop and enhance your skills and knowledge of this unique industry.

This course will feature:

An analysis of the major Strategic Issues affecting the Oil & Gas Industry
Key financial accounting methods and techniques
An analysis of Joint Venture and Product Sharing Agreements
The latest Risk Management techniques
The latest Project Management techniques

What are the Goals?

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

Evaluate the long term strategic issues facing the Oil and Gas industry
Analyse the financial, economic and commercial drivers
Evaluate performance using key financial accounting methods and techniques
Deliver more timely and useful information to decision makers
Improve project controls, measurement & performance reporting & overall corporate governance

Who is this Course for?

This course is suitable for a wide range of professionals but will greatly benefit:

Accountants and Finance Professionals responsible for financial accounting, treasury, budget preparation and management reporting
Process and Non-technical Professionals who require a more in-depth understanding of financial accounting reporting, project management and forecasting techniques
Financial Planners and Cost Analysts
Line/Unit Heads with direct planning and budgeting responsibility
Account Personnel and Business Consultants

Training Outline

Oil and Gas Industry Overview & the Role of Accounting and Finance

The Nature of the Oil & Gas sector
Current & Future challenges within the sector – a question of Supply & Demand
The Role of the Finance professional
Various financial reporting frameworks
Oil and Gas financial accounting and reporting principles

Oil and Gas Accounting Methods and Techniques

International Financial Reporting Standards (IFRS) & International Accounting Standards (IAS) relevant for oil and gas companies
Specific financial accounting treatment in the Oil & Gas sector
Accounting for Costs – Acquisition; Exploration; Development & Production
Accounting for Assets – Asset Recognition; Depreciation Depletion & Amortisation and Asset Retirement
Accounting for Revenue

Partnerships and understanding financial information

Joint Ventures and Product Sharing Agreements
Financial Performance, Position and Cash Flow Statements
Ratio Analysis and Interpretation
Analysing and Interpreting ‘Energy Specific’ Ratios
Comparative Analysis & Benchmarking

Risk Management

Understand the Market and Risks
Importance and Application of Risk Management
Hedging using Derivatives
Developing and Managing Contingencies
Probabilistic Methodology using Monte Carlo Simulation

Capital Contracting and Project Performance and Reporting

Identify The Business Needs & Developing, Measuring And Reporting KPI’s
Project Lifecycle and Project Planning/Management
Probabilistic Methodology Using Monte Carlo Simulation
Developing and Challenging A Cost Estimate
Earned Value Management for Oil And Gas

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
Harga dilampirkan di Brosur Penawaran

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

Financial Accounting, Reporting and Business Support in the Oil and Gas Industry