Financial Accounting, Reporting and Business Support in the Oil and Gas Industry

Course Info

Length:

5 Days

Type:

In Classroom
Available DatesVenue
2025-05-05London
2025-06-23Dubai
2025-06-23Barcelona
2025-06-23Paris
2025-06-23Istanbul
2025-06-23Amsterdam
2025-06-23Kuala Lumpur
2025-06-23Singapore
2025-07-07London
2025-08-04Dubai
2025-09-22Singapore
2025-09-22Amsterdam
2025-09-22Kuala Lumpur
2025-09-22London
2025-09-22Istanbul
2025-09-22Paris
2025-09-22Barcelona
2025-10-06Dubai
2025-11-03London
2025-12-22Barcelona
2025-12-22Amsterdam
2025-12-22Paris
2025-12-22Istanbul
2025-12-22Kuala Lumpur
2025-12-22Singapore
2025-12-22Dubai

Course Details

  • Introduction

  • Objective

  • Who should attend

 

Financial Accounting, Reporting and Business Support in the Oil and Gas Industry Training course provides you with the latest financial knowledge and skills, through the evaluation of strategic issues and challenges facing the industry.

 

 It explores the internationally accepted accounting methods and techniques used in the Oil & Gas sector to report costs, asset values and profit as well as techniques of financial evaluations. You will also examine the latest risk management techniques, enabling you to manage and control oil price, exchange rate and interest rate volatility using derivatives.

 

 In addition, we will explore project management techniques in this exciting course designed to develop and enhance your skills and knowledge of this unique industry.

 


 You will explore the issues relating to governance risk and assurance, budgeting forecasts, cost estimation, capital contracting and procurement, earned value management and measuring and reporting financial performance for effective decision making.

 

This course provides delegates with key financial accounting and reporting awareness and forecasting and estimation skills, that are essential in managing and controlling Oil and Gas projects in times of increasing uncertainty and complexity.

Course Outline

5 days course
  • Day 1
  • Day 2
  • Day 3
  • Day 4
  • Day 5

 

 

Oil and Gas Industry Overview & the Role of Accounting and Finance
 
  • The Nature of the Oil & Gas sector
  • Current & Future challenges within the sector – a question of Supply & Demand
  • The Role of the Finance professional
  • Various financial reporting frameworks
  • Oil and Gas financial accounting and reporting principles

 

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