Course Description

This Finance and Accounting for the Oil & Gas Industry 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.

What you'll learn in this course?

• 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 organisation