Foundation Certificate in Financial Principles in Oil & Gas

Organisations within the O&G sector are under unprecedented pressure to deliver value to their shareholders be they individuals, institutions or governments. The efficient utilisation of resources is paramount to the success of any organisation and it is Finance and Accounting that comprises the universal business language that enables organisations to effectively manage those resources.

Competitive advantage can be gained by the better allocation and utilisation of resources driven by informed financial planning and decision making not only internally but also by understanding what the Competition is up to by forensic examination of their published financial statements

The purpose of this 4 day foundation level course is to assist in improve delegates’ skills and knowledge by building upon their understanding of current international practices in finance and accounting within the O&G industry. The course will cover the key accounting standards, policies and practices in the oil and gas industry including the accounting and financial implications of Exploration and Production.