PEA02   Basic Finance and Accounting For Petroleum Managers

Who Should Attend: This program is designed for Exploration, production and management personnel interested in applying project management techniques to their operations.

Learning Expectations: This program provides a practical understanding of finance and accounting applied to the international petroleum industry. The program covers the development of financial statements and the application of Generally Accepted Accounting Principles; measures of corporate performance derived from financial statements; the audit process; review of annual report to shareholders; the two options for upstream petroleum industry accounting; comparison of performance of oil companies; electronic access to company reports; joint venture accounting under JOA agreements; and dispute resolution options. The course combines formal presentations along with team business workshops by course participants.

Duration: One week    Course Ref#: PEA02   Contact Us

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