Financial Management of an International Oil & Gas Company
MFP-EN-P
Who should attend?
This course provides a deeper knowledge on accounting in the oil industry and to introduce the tools of financial analysis and management.
Public :
Upstream professionals who would like to understand the bases of financial analysis in the upstream Oil & Gas activities.
Level :Skilled
Prerequisite :
Basic knowledge of corporate finance, technical and economic environment of E&P.
Course Content
ACCOUNTING STANDARS
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Duration : 3 Days
Accounting principles.
Accounting system and principles, accounting plan, financial statements, valuation of assets.
Depreciation and provision, income statement, balance sheet, cash flow statement & cash flow table.
International accounting standards: IFRS and FAS, US GAAP, SEC requirements.
Specific cases: relinquishment and site restoration, deferred taxes, potential badwill of fixed assets, etc.
FINANCIAL MANAGEMENT AND FINANCIAL ANALYSIS
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Duration : 2 Days
Fundamentals of financial analysis:
Value creation and management, earnings and cash flow, free cash flow.
Working capital, capital expenditures, return on assets, cost of capital.
Short term financial management: cash and cash equivalents, short term debts, cash management.
Financial management:
Long term financial resources, risk and return.
Financial securities: bonds and other debt, shares, other tools of corporate financing.
Project financing:
Definition, pros and cons, criteria of choice.
Examples of success and analysis of failures, debt restructuring
Learning Objectives
Attendees will be able to implement the following skills:
Appreciate the specificities of the international petroleum accounting standards,
Define fundamentals of cost analysis and control,
Analyze the financial situation of a company.
Ways & Means
Case studies and exercises.
Learning assessment
Participants will be evaluated during the training through quizzes and case studies.
More
Coordinator :IFP Training trainers having expertise and industrial experience in upstream project accounting & finance.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding.
Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com
IFPT Account
