The oil and gas sector has unique accounting needs. Exploration and development, production and sales, and the impacts of the energy market all influence how finance and accounting are tracked and measured.
This course targets non-finance professionals who want to understand the financial structures and implications that affect the oil and gas industry. You will examine accounting specific to exploration and production activities, assess costs associated with reserves, and evaluate risks and costing strategies for energy businesses. In addition, you will also explore financial reporting for the oil and gas sector.
Upon completion of this course, participants will be able to:
This course is intended for
This course uses a variety of adult learning styles to aid full understanding and comprehension. Participants will review case studies to highlight key areas of importance and possible areas for faults. They will be supplied with the best tools required for learning exercises to improve their skills. Participants will analyse the examples to thoroughly understand how these skills, techniques and methods apply in the workplace.
Section 1: Overview Of The Oil And Gas Sector
Section 2: Accounting For Exploration And Development Costs
Section 3: Reserves, Production, And Sales Costs
Section 4: Risk And Cost Sharing
Section 5: Reporting On Financial Analyses, Budgets, And Management
Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.
Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.
CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.