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International Oil and Gas Operation Joint Venture Accounting (Amsterdam, Netherlands)

Short course

In Johannesburg, South Africa ()

£ 20,000 + VAT

Description

  • Type

    Short course

  • Level

    Intermediate

  • Class hours

    120h

  • Duration

    20 Days

This Course is Designed For:
Finance Directors and Managers
Financial Controllers
Chief Accountants
Treasury Officers
Asset Accountants
Joint Venture Accountants
Management Accountants
Internal and External Auditors
Government Regulators
Financial Analysts
Public Accountants
Government Ministers,
Chief Executives
Managing Directors
Engineers and Geologist
Drilling and Refinery Managers
Marketing and Sales Directors & Managers
Others interested in the operation of the Oil and Gas Industry, its regulation, exploration, production, and accounting systems

About this course

Degree or Relevant Work Experience

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Subjects

  • Accounting
  • IT
  • Project Engineering
  • Sales
  • Oil and Gas
  • Gas
  • International
  • Accounting MBA
  • Financial
  • Venture
  • Government
  • Joint
  • Accountants
  • Financial Training
  • Petroleum
  • Sales Training
  • Joint Venture
  • Enterprise Laws
  • Commercial Laws
  • Tax Laws
  • Contract Laws
  • Oil and Gas Joint Operating Agreements
  • Operator vs. Non-Operator
  • Working Interest vs. Non-Working Interest
  • Operating Committee
  • Joint Account
  • Methods of Accounting
  • Seismic data processing
  • Geological studies
  • Employee Relocation Cost
  • Accounting for material
  • Disposal of material
  • Inventories
  • Direct vs. Recoverable Costs
  • Audits

Teachers and trainers (1)

To Be  Assigned

To Be Assigned

Consultant, HRODC Postgraduate Training Institute

Course programme

Limited Contents, Concepts and Issues:

Module 1: Issues Regarding Financial Accounting for International Petroleum - Oil and Gas - Joint Ventures and Joint Operations
Principles of International Joint Venture
  • What is a Joint Venture?
  • General Characteristics of Joint Ventures
  • Functional Types of Joint Venture Relationships
  • Advantages and Disadvantages of Joint Ventures
  • Joint Venture vs. Partnership
  • Structural Components of a Typical Joint Venture
  • Transaction Checklists for Forming a Joint Venture
  • Alternatives to Joint Ventures for Entering Foreign Markets
Legal and Regulatory Aspects of Joint Venture Activities
  • Enterprise Laws
  • Commercial Laws
  • Related Commercial Law Issues
  • Contract Laws
  • Sales of Goods Transactions
  • Debtor-Creditor Laws
  • Types of petroleum - Oil and Gas - Joint Ventures
Module 2: Contracts Governing International Petroleum – Oil and Gas – Joint Operations
  • International Petroleum – Oil and Gas Joint Operating Agreements
  • Salient Definitions in International Petroleum – Oil and Gas Joint Operating Agreements
  • Joint Venture VS Partnership
  • Operator VS Non-Operator
  • Working Interest VS Non-Working Interest
  • Operating Committee
  • Role of Operating Committee in International petroleum - Oil and Gas Joint
  • Venture Operation
  • Operatorship
  • Exclusive operations
Module 3: Accounting Procedure in International Petroleum – Oil and Gas Joint Venture Operations – Part 1
  • Joint Account
  • Joint Account Records and Currency Exchange
  • Payments and Advances
  • Adjustments
  • Audits
  • Methods of Accounting
  • Allocations
  • Direct Charges
  • Direct Versus Recoverable Costs
Module 4: Accounting Procedure in International Petroleum – Oil and Gas Joint Venture Operations – Part 2
  • Technical Service Charges
  • Accounting for material
  • Disposal of material
  • Inventories

Additional information

HRODC Postgraduate Training Institute is registered with the UK Registry of Learning Providers (UKRLP) of the Department for Business, Innovation and Skills (BIS), formerly Department of Innovation, Universities and Skills (DIUS). Its registration number is 10019585 and can be verified at http://www.ukrlp.co.uk/

International Oil and Gas Operation Joint Venture Accounting (Amsterdam, Netherlands)

£ 20,000 + VAT