Oil and Gas Accounting and Performance Measurement

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Oct-28-2024

    Kuala Lumpur

  • Nov-25-2024

    Kuala Lumpur

  • Dec-23-2024

    Kuala Lumpur

  • Jan-06-2025

    Kuala Lumpur

  • Feb-03-2025

    Kuala Lumpur

  • Mar-03-2025

    Kuala Lumpur

  • Apr-07-2025

    Kuala Lumpur

  • May-05-2025

    Kuala Lumpur

  • June-02-2025

    Kuala Lumpur

  • June-30-2025

    Kuala Lumpur

  • July-07-2025

    Kuala Lumpur

  • Aug-04-2025

    Kuala Lumpur

  • Sep-01-2025

    Kuala Lumpur

  • Sep-29-2025

    Kuala Lumpur

  • Oct-06-2025

    Kuala Lumpur

  • Nov-03-2025

    Kuala Lumpur

  • Dec-01-2025

    Kuala Lumpur

  • Dec-29-2025

    Kuala Lumpur

Dates in Other Venues

  • Oct-07-2024

    Paris

  • Oct-07-2024

    Singapore

  • Oct-14-2024

    Barcelona

  • Oct-14-2024

    Dubai

  • Oct-21-2024

    Amsterdam

  • Oct-21-2024

    London

  • Oct-28-2024

    Istanbul

  • Nov-04-2024

    Singapore

  • Nov-04-2024

    Paris

  • Nov-11-2024

    Barcelona

  • Nov-11-2024

    Dubai

  • Nov-18-2024

    London

  • Nov-18-2024

    Amsterdam

  • Nov-25-2024

    Istanbul

  • Dec-02-2024

    Singapore

  • Dec-02-2024

    Paris

  • Dec-09-2024

    Dubai

  • Dec-09-2024

    Barcelona

  • Dec-16-2024

    London

  • Dec-16-2024

    Amsterdam

  • Dec-30-2024

    Istanbul

  • Jan-06-2025

    Istanbul

  • Jan-13-2025

    Paris

  • Jan-13-2025

    Singapore

  • Jan-20-2025

    Amsterdam

  • Jan-20-2025

    London

  • Jan-27-2025

    Barcelona

  • Jan-27-2025

    Dubai

  • Feb-03-2025

    Istanbul

  • Feb-10-2025

    Paris

  • Feb-10-2025

    Singapore

  • Feb-17-2025

    London

  • Feb-17-2025

    Amsterdam

  • Feb-24-2025

    Barcelona

  • Feb-24-2025

    Dubai

  • Mar-03-2025

    Istanbul

  • Mar-10-2025

    Singapore

  • Mar-10-2025

    Paris

  • Mar-17-2025

    Amsterdam

  • Mar-17-2025

    London

  • Mar-24-2025

    Dubai

  • Mar-24-2025

    Barcelona

  • Apr-07-2025

    Istanbul

  • Apr-14-2025

    Paris

  • Apr-14-2025

    Singapore

  • Apr-21-2025

    London

  • Apr-21-2025

    Amsterdam

  • Apr-28-2025

    Barcelona

  • Apr-28-2025

    Dubai

  • May-05-2025

    Istanbul

  • May-12-2025

    Singapore

  • May-12-2025

    Paris

  • May-19-2025

    Amsterdam

  • May-19-2025

    London

  • May-26-2025

    Dubai

  • May-26-2025

    Barcelona

  • June-02-2025

    Istanbul

  • June-09-2025

    Paris

  • June-09-2025

    Singapore

  • June-16-2025

    Amsterdam

  • June-16-2025

    London

  • June-23-2025

    Dubai

  • June-30-2025

    Istanbul

  • June-30-2025

    Barcelona

  • July-07-2025

    Istanbul

  • July-14-2025

    Paris

  • July-14-2025

    Singapore

  • July-21-2025

    London

  • July-21-2025

    Amsterdam

  • July-28-2025

    Barcelona

  • July-28-2025

    Dubai

  • Aug-04-2025

    Istanbul

  • Aug-11-2025

    Paris

  • Aug-11-2025

    Singapore

  • Aug-18-2025

    Amsterdam

  • Aug-18-2025

    London

  • Aug-25-2025

    Barcelona

  • Aug-25-2025

    Dubai

  • Sep-01-2025

    Istanbul

  • Sep-08-2025

    Singapore

  • Sep-08-2025

    Paris

  • Sep-15-2025

    London

  • Sep-15-2025

    Amsterdam

  • Sep-22-2025

    Dubai

  • Sep-29-2025

    Istanbul

  • Sep-29-2025

    Barcelona

  • Oct-06-2025

    Istanbul

  • Oct-13-2025

    Singapore

  • Oct-13-2025

    Paris

  • Oct-20-2025

    Amsterdam

  • Oct-20-2025

    London

  • Oct-27-2025

    Dubai

  • Oct-27-2025

    Barcelona

  • Nov-03-2025

    Istanbul

  • Nov-10-2025

    Paris

  • Nov-10-2025

    Singapore

  • Nov-17-2025

    Amsterdam

  • Nov-17-2025

    London

  • Nov-24-2025

    Barcelona

  • Nov-24-2025

    Dubai

  • Dec-01-2025

    Istanbul

  • Dec-08-2025

    Singapore

  • Dec-08-2025

    Paris

  • Dec-15-2025

    London

  • Dec-15-2025

    Amsterdam

  • Dec-22-2025

    Dubai

  • Dec-29-2025

    Barcelona

  • Dec-29-2025

    Istanbul

Course Details

Course Outline

5 days course

 
The Oil & Gas and Petrochemical Sectors – Identifying the Issues affecting Accounting & Performance Measurement 
 
  • Latest Events in the Oil & Gas and Petrochemical Sectors - price volatility and supply & demand changes
  • Managing the Macro-economic Factors, e.g. interest rates, exchange rates, oil prices
  • Resources & Reserves
  • Strategic Choices currently facing the Sector
  • Capital Investment Issues
  • Performance across the Sector

 

Major Accounting Issues in the Oil & Gas Sector and Petrochemical 
 
  • Revenue Recognition
  • Costs in Acquisition, Exploration, Development and Production of New Oil or Natural Gas Reserves
  • The Crack Spread – issues facing Refineries and Petrochemical companies
  • Break Even Oil, Cost Oil & Profit Oil
  • IFRS in Relation to the Oil & Gas Sector and Petrochemical Sector
  • IFRS 6 Exploration & Evaluation of Mineral Assets

 

 

Accounting for Assets 
 
  • IAS 16: Property, Plant and Equipment
  • Depletion, Depreciation & Amortisation (“DD&A”)
  • IAS 36: Impairment of Assets
  • IAS 37: Provisions, Contingent Liabilities and Contingent Assets
  • IAS 38: Intangible Assets
  • IAS 39 & IFRS 9 Financial Instruments: Recognition and Measurement

 

Measuring Financial Performance 
 
  • Cross Sectional & Time Series Analysis
  • Financial Analysis: Income Statements & The Statement of Financial Position (Balance Sheet) Analysis
  • Cashflow Analysis and Its Importance in the Oil & Gas sector
  • Dupont Analysis – Evaluating and Improving Return On Equity (ROE)
  • Evaluation of Share Price and Investment Performance
  • Evaluating the Financial Performance of Leading International Companies in the Sector

 

Measuring Operational & National / Government Efficiency and Performance 
 
  • Measuring Reserves – Life; Reserves per Well; Replacement Ratio etc. and The Impact for Refineries and Petrochemical Companies
  • Finding; Development & Production Capability & Efficiency
  • Evaluating the Operational Performance of Leading International Companies in the Sectors
  • Earned Value Added Analysis of Projects
  • Evaluating the Fiscal Budgets of Oil & Gas Producing Countries
  • National / Government Measures of Efficiency & Performance

Course Video