Mastering International Oil & Gas Accounting, Dubai, May 2013
May 6, 2013 - May 9, 2013
Location
Ramada Dubai
Al Mankhool Bur Dubai P.O. Box 7979 Dubai, UAE
Dubai,
United Arab Emirates
Description
The commercial and operational practices of the oil and gas industry pose unique challenges to accountants who need to operate under multiple reporting frameworks with conflicting accounting methods and with unique contractual arrangements such as production sharing contracts and joint venture arrangements. This course is intended to provide an in depth look at the accounting for these unique arrangements and help you and your team put them into practice.
This four-day course focuses on the accounting issues currently faced by the upstream oil and gas industry. It considers the accounting and financial reporting implications of all the main transactions undertaken in the upstream business, including cost allocation and capitalisation, revenue allocation and the accounting issues faced by joint venture operations and operators of concessions and PSC’s. The course considers both internal accounting issues and financial reporting under US GAAP and IFRS frameworks.
Specific areas treated include:
Property, plant and equipment
Intangibles and in particular exploration and evaluation activities
Oil and gas reserves
The challenges posed by impairment reviews
Provisions, particularly decommissioning costs
Joint venture and production sharing agreements
Financial instruments and application of hedge accounting treatments
It will be led by Alan Mayo, Director, Maltway Ltd, UK, who has almost thirty years of successful professional experience and has co-founded the client training business of PwC London.
Seats are limited! To secure your seats or for more information, call us today at +65 6557 9183 or email us at rilla.eas@neo-edge.com.
Organized by
Neoedge Pte Ltd
469 Macpherson Road
Singapore, 368186
Singapore
More Information
Contact: Rilla Eas
Email: rilla.eas@neo-edge.com
Phone: 6565579183
Event's Website
