This course is designed to master the framework, principles, objectives, methodology, roll-out and follow-up of various upstream audits: petroleum contract auditing, JOA auditing as well as petroleum aspects of internal auditing.
Public :
This course is intended for managers from the Oil & Gas public (NOCs, ministries, regulation authorities…) and private sectors who deal with different types of petroleum auditing missions (petroleum contract auditing, JOA auditing, petroleum aspects of internal auditing) from the preparation phase to the roll-out and follow-up phases.
Level :Skilled
Prerequisite :
Participants with a Bachelor’s degree in engineering or business with 5 years of management experience in the Oil & Gas industry are ideal candidates.
In addition, fundamental knowledge of financial (general accounting, financial statements, financial accounting) and upstream petroleum contracts is required and will be assessed through a preliminary test.
Course Content
CONTRACTUAL & ACCOUNTING FRAMEWORK OF E&P OPERATIONS
-
Duration : 2.5 Days
Auditor qualifications and professional conduct rules.
Auditing norms.
Tools and techniques.
UPSTREAM COST AUDITING (recoverable or shared)
-
Duration : 2 Days
Cost items analysis.
Cost accounting exercises.
SPECIFICITIES OF PETROLEUM CONTRACT AUDITING
SPECIFICITIES OF JOA AUDITING
-
Duration : 0.5 Day
Internal control and budgetary procedures.
AUDIT MANAGEMENT
-
Duration : 1 Day
Preparation, roll-out and follow-up.
GOVERNANCE & FINANCIAL SECURITY
JURY
Learning Objectives
Attendees will be able to implement the following skills:
Identify the risk-zones and key factors to audit,
Take part in an audit, following specifications and schedules,
Write recommendations and exceptions,
Propose recommendations for strategic and/or organizational choices.
Ways & Means
Modules are delivered by upstream auditing professionals. The evaluation process includes a mock case preparation, roll-out and follow-up of an audit.
Learning assessment
Participants will be evaluated during the training through quizzes and case studies.
More
Additional information :* Duration includes one day of assessment.
Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.
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
