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Two Day workshop allows personnel who don’t have a financial background to understand the principles, theory and practice of financial reporting and analysis as they apply to the oil and gas industry.

What you will learn

 

  • How to interpret, understand and act on financial information
  • How to develop more effective decision making skills
  • Elements of financial management specific to the oil and gas industry
  • A conceptual understanding of key E&P accounting topics including depreciation, reserves, decommissioning, and asset impairment tests.

Who should attend? 

This course is aimed at nonfinancial personnel at all levels and in all disciplines in the oil and gas industry who want to develop a better understanding of finance and budgeting.

Typical delegates include: 

Managers and supervisors wanting to improve their understanding of financial reports and make more effective use of financial information for strategic and operational decision-making. Specialists in all disciplines who have to interpret and work with financial information. All personnel with budget responsibilities - Advisers who make recommendations based on financial data.

“ I’m Leaving with a much better understanding of the Key Topic’s. Some of the Mysteries of Accounting have been Solved…”

Dave Hanley – TULLOW OIL