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Accounting for Downstream Oil & Gas under IFRS (3 days)

Course Benefits
 
  • Understand the basic physical flow of the oil and gas from the lease to the end user
  • Define the economic events that occur along from the lease to the end user
  • Master the accounting transactions associated with refining, marketing and transportation
  • Understand measurement and valuation of the product, including quantities held in storage
  • Recognize the need for internal control points to ensure the company is accounting for all of the end product
  • Master the disclosure requirements
     
     
     
     
     
     
     
     
     

 

© 2015 by Global Accounting & Advisory Services, Inc.

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