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Accounting and Information Systems in the Oil Sector

Accounting and Information Systems in the Oil Sector

Developing the participants' ability, enriching their accounting knowledge and strengthening their skills to face the problems of daily practice to apply the accounting work cycle and use its outputs effectively.

Training Target

Financial managers, department heads and accountants working in the oil sector, as well as financial analysts and those working in planning, budgeting and performance evaluation units in this sector.

Accounting and Information Systems in the Oil Sector

Training Details

  • The petroleum industry: its characteristics, and the repercussions of the nature of the activity on the accounting system.
  • The techniques of the petroleum industry in its comprehensive sense, and the techniques of activity.
  • Problems of financial planning and budgeting in the oil sector.
  • The current operating budget.
  • Investment budget, survey and evaluation of investment feasibility.
  • The computer, and its uses in preparing budgets.
  • The comparison between operating and financing alternatives in the oil sector.
  • Planning the selling prices of crude oil products, in light of international standardsAPI.
  • Measuring and charging costs in the oil sector.
  • Accounting for cost components.
  • Using the British Thermal Unit to distribute the joint costs between crude oil and natural gas.
  • Critical reading of the outputs of the accounting system in the oil sector.
  • Case studies, workshops.

Training Enrollment

Code Venue Start End Price Enroll Now
acc11 dubai Dec 31, 2023 Jan 04, 2024 3000 $
Enroll Now
acc11 dubai Jan 01, 2023 Jan 05, 2023 3000 $
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Description

Developing the participants' ability, enriching their accounting knowledge and strengthening their skills to face the problems of daily practice to apply the accounting work cycle and use its outputs effectively.