Introduction to Oil and Gas Accounting and Reporting 2014 is a course that covers topics such as:
- Financial and supplemental disclosures
- Principles of oil and gas financial accounting and reporting
- Oil and gas industry and the current challenges
- Full cost vs successful efforts
- Key oil and gas accounting methods
- Depreciation, depletion and amortisation in an oil and gas context
- Account for exploration, production, drilling and development costs
- Revenue accounting
- Asset impairment, restoration and abandonment provisions
- Accounting treatment of joint ventures and production sharing contracts
- Cost and estimation, and managing contingencies
- Financial statements and KPIs that drive decision making
Introduction to Oil and Gas Accounting and Reporting 2014 is intended for personnel involved with the financial accounting and reporting domains within the oil and gas sector.
