Oil and Gas Accounting

The Oil and Gas Accounting course will give you the opportunity to achieve good appreciation of oil and gas on the environment and attempts to mitigate those impacts; basic knowledge of the petroleum industry for the purpose of understanding the terminology and processes used in accounting for oil and gas; understanding of the accounting, using international financial reporting standards as they apply to reporting to investors and external users; basic knowledge of income tax rules as they apply specifically to the oil and gas industry; understanding and management of oil price risk using various tools; explanation and accounting for various forms of oil and gas contracts; making disclosures required in oil and gas industry; understanding of topical issues in oil and gas accounting.