Mastering Finance for Non Financial Oil & Gas Personnel In-House
Aberdeen
Aberdeen City
AB25 1XT
United Kingdom
What You Will Learn :
- how to develop more effective decision-making skills
- how to interpret, understand and act on financial information
- elements of financial management specific to the oil and gas industry
- a conceptual understanding of key E&P accounting topics including depreciation, reserves, decommissioning, and asset impairment tests
Description
This course allows personnel who don’t have a financial background to understand the basic principles, theory and practice of financial reporting and analysis as they apply to the oil and gas industry.
What you will learn
- how to interpret, understand and act on financial information
- how to develop more effective decision-making skills
- elements of financial management specific to the oil and gas industry
- a conceptual understanding of key E&P accounting topics including depreciation, reserves, decommissioning, and asset impairment tests
Training methods
The course uses a combination of instruction, group discussions and practical examples and exercises to ensure delegates absorb both the theory and the practical application of the topics.
Who is this course for?
This course is aimed at non-financial personnel at all levels and in all disciplines in the oil and gas industry who want to develop a better understanding of finance and budgeting.
Typical delegates include:
managers and supervisors wanting to improve their understanding of financial reports and make more effective use of financial information for strategic and operational decision-making
specialists in all disciplines who have to interpret and work with financial information
all personnel with budget responsibilities
advisers who make recommendations based on financial data