It is designed to give the participants an understanding about different concepts and terminologies related to oil and gas accounting. An update will be provided on IASB’s project for extractive industries. You will also be familiarized with
DurationOverview:
It is designed to give the participants an understanding about different concepts and terminologies related to oil and gas accounting. An update will be provided on IASB’s project for extractive industries. You will also be familiarized with SEC Oil & Gas Modernization Act.
By the end, you will leave the program with a mastery level skills in accounting for operations in oil and gas and learn about various tools of financial analysis to evaluate performance.
Outline:
- Fundamental concepts of accounting methods in oil and gas industry
- Asset Impairments
- Provisions & Contingencies for decommissioning
- Revenue Accounting
- Accounting for Production Activities and Joint Interest Operations
- Complete Analysis of Required Disclosures
- Accounting for Conveyances
- Evaluating and updating Return on Equity
- IASB’s IFRS Projects Updates
- Provisions (IAS 37 & IFRIC 1)
- Financial Statement Disclosures and Presentation
- Leases & Similar Transactions
- Much More
Introduction:
British Columbia International Academy is a leading professional training institute that has marked its presence in all over the UAE. By having one branch in each Emirate of Dubai, Sharjah, Abu Dhabi and Fujairah, British Columbia International Academy stems out to be the most trusted name in a variety of training programs across these regions.
It provides a full suite of different Accounting, Language, Management, Marketing, Human Resource, and Project Management courses with a primary focus on quality with the help of experienced/qualified trainers.
Areas Covered:
Languages (IELTS, CELPIP, PTE)
Accounting and Finance
Auditing
Sales and Marketing
Project Management
AutoCAD Training
and many other professional courses and certification.
British Columbia International Academy is also tied up with different government authorities and MNC's all across UAE and caters to the training needs of these organization with an utmost emphasis on efficiency and meeting the objectives of the training.
Approved By:
All the training programs offered by British Columbia International Academy Abu Dhabi Educational Council, (Abu Dhabi), Ministry of Education (Sharjah) and KHDA (Dubai).
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