Mastering Auditing in Oil and Gas Industry
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Course Details
- Introduction
- Objective
- Who should attend
- Course Location
International Standards on Auditing (ISAs) developed by The International Auditing and Assurance Standards Board (IAASB) are being adopted by more and more countries and now represent the main global auditing standards.
The audit considerations in this course will highlight ISA requirements and target audit risk areas that are pertinent to the audit of the financial statements of oil and gas companies.
Mastering Auditing in Oil and Gas Industry training course focuses on the correct application of the ISAs and common auditing issues that occur regularly in practice. the course will provide participants with an understanding of the principles and practices applied in auditing activities undertaken in the upstream oil and gas industry.
Course Outline
Understanding Oil and Gas Companies
- Oil and Gas Companies – understanding the industry and the risks
- Oil and gas value chain and significant accounting issues
- Upstream, midstream and downstream activities
- Laws and Regulations
- Emerging Risk Areas
