Advanced Finance & Accounting Strategies
in the Oil & Gas Industry

INTRODUCTION

This Advanced Finance & Accounting Strategies training course focuses on the essential skills and techniques required to enable the participants to make appropriate strategic decisions to maximize profit, reduce costs and financial risks. Given the substantial capital costs, long lead times from exploration to sale and pressure to meet reserve replacement ratios, implementing and managing strategies in Oil & Gas finance and accounting are critical success factors.

In today’s competitive Oil and Gas industry, with volatile oil prices, demand and supply uncertainties, the need to reduce operating costs, whilst maintaining quality and safety, improving returns for investors and company stakeholders, what strategies should companies adopt to ensure sustainable growth?

This GLOMACS Advanced Finance & Accounting Strategies training course will feature:

• The current and future challenges within the sector
• The strategic decisions facing companies in this challenging environment & the techniques to enable informed strategic decision making
• Financing strategies to determine the optimum capital structure & undertake capital investment appraisal to maximising shareholder wealth
• Strategies to reduce and/or eliminate financial risk
• Strategies to manage new initiatives to ensure companies met their Strategic Aims & Objectives

Objectives

By the end of the Advanced Finance & Accounting Strategies training course, participants will be able to:

• Identify & evaluate the challenges facing the Oil & Gas sector now & in the future
• Use skills & techniques to assist with key strategic decisions facing their company
• Recommend appropriate financing decisions & make capital investment decisions
• Advise on methods to eliminate or reduce financial risks facing Oil & Gas companies
• Manage new projects / initiatives effectively, meeting Strategic Aims & Objectives

Training Methodology

This Advanced Finance & Accounting Strategies in the Oil & Gas Industry training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes the evaluation of real-world case studies, examples from leading international Oil & Gas companies, using the latest techniques, group discussions as well as one-to-one support.

Throughout this training course, you will be engaged in a number of activities forming an Action Plan for on-going discussion and implementation after the training. This is designed to improve your skills as well as knowledge and to ensure tangible benefits are seen within your organisation.

Organisational Impact

This Advanced Finance & Accounting Strategies in the Oil & Gas Industry training course is of direct relevance to the Oil & Gas sector and as a result the organisations will benefit greatly from their employees participation. The organization will gain from employees with:

• An in-depth knowledge of the strategic issues facing your organization
• The knowledge and skills to understand, contribute to and make strategic decisions
• An ability to evaluate the impact of strategic decisions
• Skills to evaluate and analyse capital investment decisions
• The ability to manage the risks facing the organisation
• Knowledge and skills for the benefit of the entire organization

Personal Impact

This Advanced Finance & Accounting Strategies training course will be of personal benefit to delegates by providing you with:

• The knowledge and skills to help further your career
• The latest tools and techniques to assist you in your role
• A strategic outlook, enabling you to shape both your future and your organisation’s future
• The ability to work independently and with others
• An opportunity to learn from other professionals within the sector
• A greater understanding or your role and the major issues affecting it

WHO SHOULD ATTEND?

This GLOMACS Advanced Finance & Accounting Strategies training course is suitable to a wide range of professionals but will greatly benefit:

• Key Personnel in the Oil and Gas Industry
• Accountants & Finance Professionals responsible for financial accounting, treasury, budget preparation and management reporting
• Process and Non-technical professionals who require a more in-depth understanding of strategic issues facing the Oil & Gas sector now and in the future
• Managers involved in making CAPEX decisions
• Bankers and Professionals who work in Energy Lending