Accounting Procedures for Petroleum Contracts PSCs-JOAs-IFRS
This course will provide states and investors with a practical, hands on understanding of the accounting procedures in Production Sharing Contracts. Course participants will be brought fully up to speed with the key legal provisions within the contract, and how these impact on your day to day accounting responsibilities for petroleum operations throughout the lifespan of the project. Participants will gain clarity when dealing with cost recovery within the PSC and understand the differences with accounting for Joint Operating Agreements and financial reporting under IFRS. Course participants will also be able to assess how to deal with taxation within contracts, how this affects your projects and potential disputes that can arise.
Suitability - Who should attend?
This course is suitable for both corporate and state oil & gas professionals who have responsibilities related to accounting, tax and cost recovery within oil & gas projects including:
Outcome / Qualification etc.
Course participants will have the following competencies upon course completion:
Training Course Content
The course cost is £2,799. Inside Europe VAT is not included in the course price.
Provider: CWC School for Energy
CWC School for Energy is the global market leader in providing high-level training services to the energy sector. Operating globally over the last 10 years, our courses are widely acknowledged within the energy community for quality and up-to-date information. Our...
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