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ACT800-1
1 Week Training Program
Production Sharing Agreements Oil & Gas Accounting
Building Skills in
Effective Production Sharing Contract PSA Accounting
Compliance with Applicable Policy, IAS and IFRS
Oil & Gas Accounting Good & Best Practices
Acquisition, Exploration & Development Costing
Production Sharing & Costing Accounting Processes
Allocation Accounting Good & Best Benchmarked Practices
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1 Week Training Programs
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New York
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Program Objectives
Provide Skills for:
Provide Skills for:
This program will help you understand, prepare, analyze, manage and audit Oil & Gas Industry Accounting related to Joint Operations, Production Sharing Arrangements and Oil & Gas Facility Sharing. Program covers Costs, Revenue, Revenue Recognition Issues, Risk Management, Estimating, Sensitivity, Losses, Real Time Accounting Systems, Early Warning Systems for Problems, Custody Transfer Measurements, Taxes and Contractual Accounting Aspects.
Program covers all aspects of Oil & Gas Industry Costs, Production Sharing Agreement Accounting and Auditing, Issues of Allocability, Allowability, Classification, Reasonableness and Application of Oil & Gas Production Costs. IFRS 6 and US GAAP are benchmarked throughout the program.
Who should Attend?
This program is intended for Production Sharing Agreements (PSAs) Oil and Gas Accounting Professionals. This program will benefit Oil & Gas Accountants, PSA Administrators, PSA Billing approvers, Auditors, Executives, Management Analysts and Anyone Involved in Oil Field Accounting, Contract Administration, Joint Interest Operations and Management.
This program is also intended for Supervisors & Managers who wish to Gain Value Engineering Insights on PSAs.
Program Content & Modules
This program will help you understand, prepare, analyze, manage and audit Oil & Gas Industry Accounting related to Joint Operations, Production Sharing Arrangements and Oil & Gas Facility Sharing. Program covers Costs, Revenue, Revenue Recognition Issues, Risk Management, Estimating, Sensitivity, Losses, Real Time Accounting Systems, Early Warning Systems for Problems, Custody Transfer Measurements, Taxes and Contractual Accounting Aspects.
Program covers all aspects of Oil & Gas Industry Costs, Production Sharing Agreement Accounting and Auditing, Issues of Allocability, Allowability, Classification, Reasonableness and Application of Oil & Gas Production Costs. IFRS 6 and US GAAP are benchmarked throughout the program.
Who should Attend?
This program is intended for Production Sharing Agreements (PSAs) Oil and Gas Accounting Professionals. This program will benefit Oil & Gas Accountants, PSA Administrators, PSA Billing approvers, Auditors, Executives, Management Analysts and Anyone Involved in Oil Field Accounting, Contract Administration, Joint Interest Operations and Management.
This program is also intended for Supervisors & Managers who wish to Gain Value Engineering Insights on PSAs.
Program Content & Modules
Production Sharing Agreements PSAs Oil & Gas Accounting
Business Aspects of PSA Accounting
Business Aspects of PSA Commercial Management
Business Aspects of PSA Accounting
Business Aspects of PSA Commercial Management
Helpful Oil & Gas Technology for Accounting & Finance Professionals
Helpful Oil & Gas Processes for Accounting & Finance Professionals
Production Sharing Agreement Important Contract Conditions for Accounts & Finance Professionals
Oil & Gas Accounting and Finance Processes on PSAs
Understanding Exploration Costs & Accounting Processes
Understanding Acquisition Costs & Accounting Processes
Understanding Drilling & Development Costs and Accounting Processes
Proven Reserve Valuation Methods
Tax & Royalty Obligations and Processes on PSAs
Production Sharing Accounting Processes and Approvals
Legal & Regulatory Requirements for PSA Accounting
Understanding PSA Accounting & Finance Process KPIs
Program Recommendations
Personalized Post Program PSAs Oil & Gas Accounting Improvement Outline Action Plan Outline