About this training course
This highly interactive 5-day training is aimed at those who wish to take their E&P accounting skills to a more advanced level than our introductory course, E&P Accounting - Level 1, and our intermediate course, E&P Accounting - Level 2. It will help equip you for more demanding analytical roles within your organisation.
Training Objectives
After the completion of this training course, participants will be able to:
Carry out and manage the day-to-day financial accounting activities associated with participation in E&P joint ventures
Prepare, analyse and present information for effective financial reporting
Understand the impact of a comprehensive range of activities on the financial statements of an upstream oil and gas company
Practically apply IFRS in accounting for a wide range of typical oil and gas industry activities
Target Audience
This is an advanced level course designed for:
those who have already attended E&P Accounting - Level 1 and E&P Accounting - Level 2, or
those who can demonstrate, by a combination of relevant experience and previous study, sufficient prior knowledge to contribute and benefit from attending this workshop
Course Level
Advanced
Training Methods
Training Method - Scenario Based Learning
Learning centers around highly realistic E&P company scenarios.
A computer-based simulation is used to plan, record and report the progress of your company through several years of international E&P activities.
Teams of 2 - 3 people participate in the financial management of these activities, including Operator and Non-operator accounting, recording of transactions, updating of financial statements and analysis of results.
The highly interactive laptop-based scenario approach will enable you to follow the impact of each activity from initiation through to final results and analysis of company performance. You will need to bring with you to the course your own laptop PC with MS Excel⢠pre-installed. Prior knowledge of spreadsheet techniques is assumed. Trainer will provide various Excel files which participants may retain at the end of the course.
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