Mastering Finance for Non-Financial Oil and Gas Personnel

This course provides professionals from non-finance backgrounds with a fundamental grasp of the important principles of finance. This gives them the confidence to work alongside financial experts, make informed choices and fully participate in the management process.

This course will feature:

The relevance & importance of accounting & finance to the success of your business.
The unique features of Oil & Gas accounting that impact on reporting & decision making.
Budgeting and costing techniques & how to apply them.
The techniques available to determine the most profitable & worthwhile investments for your business.
Effective ways to control the financial risks of your business.

What are the Goals?

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

Understand and evaluate corporate financial reports.
Determine sources of capital, and capital structure.
Identify and appraise wealth-generating investments.
Recognise, quantify, and control financial risk.
Understand & apply accounting & financial techniques in an Oil & Gas corporation.

Who is this Course for?

This course is suitable for a wide range of professionals, working in the Oil and Gas industry, who wish to expand their financial knowledge, in order to achieve career progress. It will be most relevant to middle and senior managers who have responsibility for divisional or organizational success and will greatly benefit the following:

Members of the operational management team
Marketing, sales and administration managers
Engineers and geologists
Risk managers
Executive and non-executive board members

Training Topics

Finance and Accounting

The different meanings of ‘Finance’
Why Finance is important for your business
Raising finance – you need a Business Plan
Sources and types of finance
The financial accounting system
Recording oil and gas transactions

The key elements of Oil and Gas Reporting

The major differences between US GAAP and IFRS reporting
The treatment of exploration and evaluation costs – ‘successful efforts’ or ‘full cost’
Recognition and valuation of oil and gas assets – tangible and intangible
Revenue recognition – upstream, midstream and downstream
Financial analysis techniques – common sizing and ratio analysis
Analysis and interpretation of Oil and Gas company reports

Accounting as an Information System

Management Accounting as an effective tool for communication
Costing oil and gas operations and processes
Cost-Volume-Profit and break-even analysis
Oil and gas budgeting – objectives, methodologies and processes
How to prepare budgets for oil and gas operations
Analysing variances between budget and actual results

Cost of Capital and Investment Appraisal

Why you need to know your Cost of Capital
The cost of equity, cost of debt, and weighted average cost of capital (WACC)
Identifying new investment opportunities for your oil and gas business
Basic investment appraisal techniques – ARR and Payback
Discounted investment appraisal techniques, NPV and IRR
Capital rationing decisions using the profitability index and Excel solver

Financial Risk Management

The main types of risk and principles for risk management
New investment risk in oil and gas operations
Financing risk
Interest rate risk
Foreign currency risk
The corporate governance requirements for effective risk management

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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.

Mastering Finance for Non-Financial Oil and Gas Personnel