OIL & GAS ACCOUNTING

Venue: Hotel Istana

Location: Kuala Lumpur, Malaysia

Event Date/Time: Mar 13, 2007
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Description

Workshop A – 28-29 May 2007
Fundamentals of Oil & Gas Upstream Accounting

• Distinguish difference in the exploration and production industry and the impact this has on accounting and financial management

• Identify the different effects of Successful Efforts Accounting and Full Cost Accounting

• Discover the nature and behaviour of E&P industry costs and different methods of controlling costs.

• Obtain methods on estimating and controlling Production Operating Costs

• Gain techniques to control drilling expenditure through cost control and analysis techniques

• Ascertain accounting techniques to report for the transactions of a joint venture i.e. agreement, billing statement and costs involved

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