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Course Objectives

This introductory-level course provides a comprehensive overview of international accounting and finance practices in the E&P industry. It is particularly suitable for finance personnel who are new to the oil and gas industry, or want to gain a broader understanding of oil and gas financial policy, joint venture and cost-control topic areas.

What you will learn

• An overview of accounting policies and practices in the oil and gas industry
• An introduction to managing project, development and operating costs
• Understanding the accounting and financial management implications of exploring for and producing oil and gas
• The background to financial issues like joint ventures that are unique to the E&P industry, and their accounting treatment

Training method

The course uses a combination of instruction, group discussions and practical examples and exercises to ensure delegates absorb both the theory and the practical application of the topics.

Who Should Attend?

• Finance staff new to the industry who require a grounding in the various specialist discipline areas that typically comprise an oil and gas company finance function
• Finance personnel who are being developed for broader accounting and financial management responsibilities
• Audit and information systems staff who have frequent dealings with financial controls and systems
• Treasury and tax specialists who require a better understanding of E&P finance and accounting

Companion courses

This course combines effectively with Introduction to the oil and gas industry, especially for finance personnel who are new to the oil and gas industry.  If you attend both courses at the same venue during the same week, you will be entitled to a 10% discount from the combined course fee.

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