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GLOBAL ACCOUNTING & ADVISORY SERVICES
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Accounting for Downstream Oil & Gas under IFRS (3 days)
Course Benefits
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Understand the basic physical flow of the oil and gas from the lease to the end user
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Define the economic events that occur along from the lease to the end user
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Master the accounting transactions associated with refining, marketing and transportation
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Understand measurement and valuation of the product, including quantities held in storage
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Recognize the need for internal control points to ensure the company is accounting for all of the end product
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Master the disclosure requirements
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