Oil and Gas Accounting and Performance Measurement

Oil and Gas Accounting and Performance Measurement training course builds up a fundamental comprehension of Oil & Gas Exploration & Production (E&P) accounting, reporting and performance measurement issues and practices. It enhances your ability to prepare, utilise and critically evaluate information on E&P activities, applying specialist industry knowledge and relevant analytical skills.

The Course is designed specifically for those who have a basic comprehending of accounting but who need to understand more about accounting and financial reporting policies and practices in the upstream oil and gas industry.

The main requirements of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) relevant to the Oil & Gas Exploration & Production industry are examined for each major phase in the field life cycle.

Learning throughout the course is achieved through illustrated presentations, group discussions, worked examples, exercises and solutions, and extracts from published financial statements of international companies.