The Complete Course of Finance for the Oil and 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.
This 10 Days training course explores project finance techniques and their effectiveness in the petroleum industry. He highlights the petroleum industry players, risks, economics, and commercial/legal arrangements. With petroleum industry projects representing amongst the largest industrial activities in the world, this Training course ties together concepts and tools through real examples and aims to ensure that project finance will continue to play a central role in bringing together investors and lenders to finance these ventures.
The course articulates from the core Finance course, examining familiar concepts in an oil and gas industry context, and introducing new concepts that are of relevance to managers in the oil and gas industry. This course is designed to enhance the ability to apply financial tools and ideas to organisations in the oil and gas industry.
At the end of The Complete Course of Finance for the Oil and Gas Industry,, you should be able to:
- Describe the oil and gas industry as defined for the purposes of this course;
- Describe financial management in the oil and gas industry in terms of the three
- Major decision-making areas that confront the financial manager, namely:
-the investment decision
-the financing decision
-the dividend decision
- Describe the purpose and make-up of the financial markets and how oil companies use them;
- 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 organization
- Describe the financial instruments that oil companies can use on the capital markets;
- Understand the underlying principles of finance;
- Understand how and when to use the tools of financial arithmetic; and
- Understand how these concepts and tools are applied in making financial decisions
The Complete Course of Finance for the Oil and Gas Industry, is ideal for :
- Accountants & Finance professionals responsible for fincial accounting, treasury, budgut preparation and management reporting.
- Bankers and Professionals who work in Energy Lending
- Those responsible for raising and managing finance
- Those responsible for making or contributing to capital decisions
- Professionals who require a more in-depth understanding of finance and accounting
- Line heads with direct finance and accounting responsibility
- Those responsible for making decisions based on finance budgets
Our courses in Kuala Lumpur take place at the following location :
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.