Core
    • Home
      • Activities
      • About Us
      • Common Questions
    • Courses
      • Oil and Gas Courses
      • IT, Programming and Telecommunications
      • Mineral and Geological Courses
      • Electrical, Mechanics And Electronics Courses
      • Management, Leadership And Governmental Courses
      • Accounting, Financial, Banking Courses
      • Human Resources And Training Courses
      • Aviation Courses
      • Health, Security And Occupational Safety Courses
      • Legal, Contracts And Tender Courses
      • Marketing And Sales Courses
      • Municipalities And Local Government Courses
      • NGOS Courses
      • Procurment And Stores Courses
      • Projects Management & Civil Engineering Courses
      • Public Relation And Media Courses
      • Quality Courses
      • Secretarial And Offices Management Courses
    • Registration
      • Quotations Order
      • Program Cost
      • Groups’ Offers
    • Join Us
      • Instructor policies
    • Contact us
      • Sign-in
    • Training Plan 2020
    Diploma of Certified Government Accountant
    December 29, 2019
    Intensive Program in Finance for Non-financial Leaders
    December 29, 2019
    Published by مشرف on December 29, 2019
    Categories
    • Accounting, Financial, Banking Courses
    Tags

    Financial Accounting for Petroleum and Methods of Costing Course

     CODE FEE
    DAYS 
    FA-006 $3500 5 days 

    Course Objectives

    • Informing participants about contemporary information and knowledge about the nature of the activity in the oil institutions.
    • Enabling participants to acquire the design skills of accounting systems in oil institutions and how to handle fixed assets, expenses and premiums.
    • Enhancing capacity of participants in how to pre-production accounting treatments.
    • Providing participants with practical experiences and expertise to enable them to improve their performance in accordance with generally accepted international standards.

    Who Should Attend?

    • Financial managers in petroleum institutions and their assistants, financial analysts and assistants, financial planning managers, managers of accounting, oversight and audit and chairmen of Oversight and audit committees, financial advisors, and the personnel who are rehabilitated for these positions, and those who wish to develop their skills in Areas.

    Course Schedule

    Nature and characteristics of activity in oil institutions

    • Production and marketing phases of oil institutions.
    • Characteristics of oil activity.
    • The impact of the characteristics on the design of the accounting system in the oil institutions.

    Designing the accounting system in oil institutions and processing of expenses

    • Book collection and documentary collections.
    • Accounting guide, accounting directing.
    • Accounting treatment for search and exploration expenses..
    • Accounting treatment of capital expenditures.

    Final accounts and accounting treatments in oil institutions

    • Accounts and final reports in oil production institutions.
    • Accounting treatments for fixed assets in oil institutions.
    • Handling the depreciation premiums.
    • Handling the access premiums.

    Accounting for development costs and distribution of common costs

    • Accounting for ways of distributing common costs sharing in oil institutions.
    • Cost centers, cost lists.
    • Accounting for development costs and preparing the drilling cost lists.

    Accounting for pre-production costs

    • The total cost method, and the method of successful efforts.
    • The stages of cost-of-production system in oil-producing enterprises.
    • The role of cost-accounting systems in the adoption and rationalization of administrative decisions in oil institutions.
    • Accounting for revenues in oil institutions.
    • Future cash flow lists in oil institutions.
    • Final financial statements in oil institutions (their preparation and analysis).

    Share
    0
    مشرف
    مشرف

    Related posts

    December 29, 2019

    Modern Approach to Analyze the Financial Statements in accordance with International Standards Course


    Read more
    December 29, 2019

    Recent Trends for Effective Internal Audit and Review Course


    Read more
    December 29, 2019

    Professional Diploma in Finance for Accountants and Auditors Course


    Read more

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

     

    Departments

    -Oil and Gas

    -IT Programming and Telecommunication

    -Mineral and Geological

    -Management,Leadership and Governmental

    -Human Resources and Training

    © 2021 Core. All Rights Reserved. Muffin group