Advanced Accounting for the Mineral, Energy, Oil and Gas Industry Level 3
Course Length: 2 Days Course Dates:
Course
Description:
This
course provides an advanced understanding of technical accounting issues
specific to the oil and gas industry. By providing theoretical knowledge and
practical learning this seminar aims to clearly explain the various issues
faced by accountants within the oil and gas industry.
Who Should
Attend :
•
This is an advanced level programme designed for
accounting and financial management personnel who want to enhance their analytic
and presentation skills
•
To be able to participate effectively, you should
have already attended our two lower-level companion courses
– accounting for the Energy,
Oil and Gas industry
– Levels 1 and 2 – or be able to demonstrate a suitable combination
of relevant experience and subject knowledge
•
Financial Controllers
•
Company Secretaries
•
Audit Partners and
Managers
•
Senior Accountants
•
Graduates of the Level 2 course
•
Accountants and any other Accounting Department
staff requiring an intermediate
level of accounting knowledge
What You Will Gain:
Financial
reporting update including an update on the status of the IFRS extractive
industries standard
•
IAS 21: Functional
currency
•
IFRS 10: Consolidated financial statements
•
IFRS 11: Joint arrangements and advanced financing
and reporting requirements
•
IFRS 7: Financial instruments – disclosures
•
IAS 33: Earnings per share
•
IAS 12: Income taxes
•
IAS 32 & 39: Financial instruments
•
A practical guide to understanding capital operating
costs for producing resource companies
•
IFRS 8: Operating segments
•
IAS 17: Leases
•
Practical example of managing an oil and gas company
from exploration, through
development then as a production company.