Booking options
£3,173 - £3,690
£3,173 - £3,690
Delivered Online or In-Person
Delivered at your location
UK & International Requests Considered
4 days
All levels
This 5-day intensive training course is designed to improve the skills of those involved in the financial and contractual auditing of upstream Oil & Gas Exploration and Production activities. The objective of this course is to enhance your understanding of the various audit principles and practices being applied in this industry today and to equip you with the knowledge and tools to deal with complex audit cases. The course concentrates on aspects of auditing unique to the E&P business.
Training Objectives
After the completion of this training course, participants will be able to:
Apply a structured methodology for conducting oil industry internal, production sharing and joint venture audits
Implement the benefits of a multi-discipline team audit approach
Adopt a model of best practice for conducting audits
Analyse, interpret and decide complex cases using the contracts and documents, the principles and auditor's judgement
Target Audience
This training course is suitable and will greatly benefit the following specific groups:
Personnel with an Internal audit background who are totally new to the discipline of Joint Venture (JV) or Production Sharing Contract (PSC) audit
Experienced audit practitioners who wish to update their auditing techniques
Personnel from Finance or any discipline who intend to take part in internal or joint venture audits
Personnel with a background in statutory audit in the accountancy profession who require an insight into the internal and joint venture audit areas
Course Level
Intermediate
Training Methods
The training instructor relies on a highly interactive training method to enhance the learning process. This method ensures that all participants gain a complete understanding of all the topics covered. The training environment is highly stimulating, challenging, and effective because the participants will learn by case studies which will allow them to apply the material taught in their own organization.
Course Duration: 5 days in total (35 hours).
Training Schedule
0830 - Registration 0900 - Start of training 1030 - Morning Break 1045 - Training recommences 1230 - Lunch Break 1330 - Training recommences 1515 - Evening break 1530 - Training recommences 1700 - End of Training
The maximum number of participants allowed for this training course is 25.
Trainer
Your expert course leader has more than 30 years of experience in the international oil and gas industry, covering all areas of Finance and Audit, including involvement in Commercial roles. During her 19 years with ENI she worked in Italy, Netherlands, Egypt and UK and was CFO for 2 major ENI subsidiaries. She has delivered training courses in Accounting, Audit, Economics and Commercial topics in many Countries.
She has a Degree in Economics & Accounting and is a Certified Chartered Accountant. She is also a Chartered Auditor and an International Petroleum Negotiator. Outside of work, she is inspired by the beauty of nature and art, helping disadvantaged people, sports (football, golf) and her cat.
Courses Delivered Internationally:
E&P Accounting, Auditing in the Oil & Gas Industry
Cost Control & Budgeting
Introduction to the Oil & Gas Industry
Petroleum Project Economics
Contracts Strategy
International O&G Exploitation Contracts
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable
Accreditions And Affliations
We are proud to announce that Petroedge and PowerEdge, two leading training companies in the energy industry, is now called EnergyEdg...