Auditing in the Oil & Gas Industry Level 1 - Online Version
Aberdeen
Aberdeen City
AB25 1XT
United Kingdom
What You Will Learn :
- Understand the general principles and objectives of the various different types of Upstream Oil & Gas audits.
- Using industry specific examples and exercises, develop your understanding of the most common E&P industry audit issues.
- Understand the importance of following process in order to avoid costly audit related findings.
- Gain knowledge of the unique features / key phases of the E&P Business.
Description
This 5-day introductory-level online course provides a comprehensive overview of Auditing in the Exploration & Production (E&P) industry. It is suitable for anyone who wants to gain a broader understanding of Upstream Oil & Gas Auditing– including joint venture, financial and contractual audits by government and regulatory authorities in the various granting regimes (Production Sharing Contracts, Risk Service Contracts, Concessionary).
What you will learn
- Gain knowledge of the unique features / key phases of the E&P Business.
- Understand the general principles and objectives of the various different types of Upstream Oil & Gas audits.
- Add value to your organisation by improving your audit techniques and auditing skills.
- Understand the importance of following process in order to avoid costly audit related findings.
- Using industry specific examples and exercises, develop your understanding of the most common E&P industry audit issues.
The course is delivered via a ‘Live Online’ format using Microsoft Teams. It is highly participative using a combination of instruction, group discussions and industry specific examples and exercises to ensure attendees absorb both the theory and the practical application of the topics.
Who is this course for?
Audit staff who are new or relatively new to the industry and who require a grounding in the various aspects of E&P Audit.
Finance / Accounting personnel involved in supporting audits.
Staff from a wide range of other business functions who are connected to / impacted by audit, such as, Supply Chain, Operations, Contracts Holders, IT, Tax and Treasury.
Topics will be covered from both the perspective of being part of an audit team plus that of the team being audited. Therefore, the course will appeal to staff from IOC’s, NOC’s and those from Government and/or Regulatory Authorities.