Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

SAP and Joint Venture Accounting for Joint Venture Operations Seminar or Course

By: HRODC Postgraduate Training Institute

United Arab Emirates

13 - 24 Mar, 2017  12 days

Follow Event

  

GBP 10,000

Participant will understand the following after this sap and joint venture accounting for joint venture operations seminar or course: 

  • Joint Ventures and Alliances: Rationalizing the Decision Process
  • Joint Venture and Alliance Transactions; 
  • Joint Ventures vs. Alliances;
  • Justification for the Establishment of Joint Ventures and Alliances;
  • Classification of Joint Ventures;
  • Information and Communications Technologies (ICTs) Availability: Scenarios Supporting or Mitigating against Joint Ventures and Alliances;
  • Occasions when Joint Ventures and Alliances might enhance the success of Diversification;
  • Factoring Organizational Strengths and Weaknesses in Joint Ventures and Alliances;
  • Exploiting Synergies in Joint Ventures and Alliances;
  • The extent to which Joint Ventures and Alliances Might Enhance New Market or Product Development;
  • Will Joint Ventures and Alliances improve or impair prospective partners’ Competitive Advantage?
  • The extent to which Joint Ventures and Alliances might mitigate Financial Risk;
  • The Extent to which Cost-Sharing might be an issue in Joint Ventures and Alliances;
  • Are Joint Ventures and Alliances more likely to promote ‘Efficacy’ or support ‘Waste’?
  • The relationship between Joint Ventures and Alliances, on the one hand, and Employee Resourcing, on the other;
  • Joint Ventures and Alliances Valuation;
  • Initial Contributions of Partners in Joint Ventures and Alliances;
  • Predicting Cash Flows of a Venture for Joint Ventures and Alliances;
  • Determining Long-Term Viability of the Venture;
  • Calculating the Overall Value of a Venture under Joint Ventures and Alliances
  • Operationalizing Joint Ventures (1)
  • "Fixed Operating Costs" in a Joint Venture Operation;
  • "Variable Operating Costs" in a Joint Venture Operation;
  • Allocated Costs in Joint Venture Operation;
  • Authorization for Expenditure (AFE) as Subservient to Joint Venture Committees;
  • Calculating Direct Costs in a Joint Venture Operation;
  • Calculating Profits, on Working Interest Basis, in Joint Ventures;
  • Calculating Working Interest Costs in a Joint Ventures;
  • Dealing with Maim Vote in an Independent Operations Notice;
  • Determining Accounting expenditure limits in a Joint Ventures;
  • Determining Capital Costs in Joint Ventures;
  • Determining Costs in a Joint Venture Operation;
  • Determining Operating Expenses in Joint Ventures;
  • Determining the Operator in a Joint Venture;
  • Executing Authorization for Expenditure (AFE) for Information Only;
  • Executing Mail Ballots in a Joint Venture Operation;
  • Fixed vs. Variable Operating Costs in a Joint Venture Operation; 
  • Independent Operations Notice in a Joint Venture Operation;
  • Indirect Costs in a Joint Venture Operation
  • Operationalizing Joint Ventures (2)
  • Joint Account Costs in a Joint Venture Operation;
  • Mechanism for Tracking Capital Expenditure in a Joint Ventures;
  • Mechanism for Tracking Operating Expenditures in a Joint Ventures;
  • Operating a Joint Account in a Joint Ventures;
  • Operator’s Costs in a Joint Venture Operation;
  • Procedure for seeking Partners’ approval for Projects that exceed the Accounting Expenditure Limit;
  • Relationship between an Independent Operations Notice and an AFE in a Joint Venture Operation;
  • Risk appropriation for an Independent Operations Notice;
  • Seeking Partner Approvals, through Authority for Expenditures (AFE);
  • Specifying Project Benefits in Independent Operations Notice;
  • The operation and validity of an Independent Operations Notices (ION);
  • The place of an Independent Operations Notice (ION) in Joint Venture Operation;
  • The purpose of a Supplemental AFE in a Joint Venture Operation;
  • Use of an Independent Operations Notice (ION) in a Joint Venture Operation;
  • Using Mail Ballots (MB) to seek Project Approval; 
  • What happens when a project changes or has a cost overrun? Who can propose a project in a Joint Venture Operation?
  • Conceptualizing and Contextualizing Authorization for Expenditure (AFE) for Joint Venture Operations (1)
  • Authorization for Expenditure (AFE) Conceptualization;
  • Authorization for Expenditure (AFE) as Documentation for Joint Operators’ Approval for Expenditure;
  • Cost Control as an Aspect of Authorization for Expenditure (AFE);
  • Budgeting as an Feature of Authorization for Expenditure (AFE);
  • Monitoring as an Aspect of Authorization for Expenditure (AFE);
  • Authorization for Expenditure (AFE) as a Feature of Joint Venture Agreements (JVA);
  • Authorization for Expenditure (AFE) for Joint Venture Project Approval;
  • Economical Evaluation in Authorization for Expenditure (AFE);
  • Authorization for Expenditure (AFE) Coding;
  • Components of Authorization for Expenditure (AFE);
  • Preparation, Execution and Monitoring Process of Authorization for Expenditure (AFE);
  • Authorization for Expenditure (AFE) Process in Join Operation Agreement;
  • Interest Partner’s Approval as Authorization for Expenditure (AFE) Execution.
  • Conceptualizing and Contextualizing Authorization for Expenditure (AFE) for Joint Venture Operations (2)
  • Authorization for Expenditure (AFE) in Production Sharing Contract (PSC);
  • Authorization for Expenditure (AFE) for Risk Service Agreement (RSA) or Risk Service Contract (RSC);
  • Non-Standard Authorization for Expenditure (AFE);
  • Operationally Standardized Authorization for Expenditure (AFE);
  • Minimalist Authorization for Expenditure (AFE);
  • Addressing Failure to Obtain Approval from all Working Interest Owners of an Authority for Expenditure Result;
  • Authorization  for Expenditure (AFE) as Reapproval for Budgeting Excess;
  • Consequences for Non-reapproval of Authorization for Expenditure (AFE);
  • Accumulation of AFE Activities in the General Ledger;
  • Executing Authorization for Expenditure (AFE);
  • Reporting of AFE Activities at AFE Level.
  • Key Elements of SAP Supporting Joint Venture Accounting: An Overview, with Tacit Application (1)
  • Joint Ventures Operation in SAP;
  • Authorization for Expenditure with SAP, in Joint Venture Operations;
  • Determining Asset Classes and Sub-Classes with SAP, in Joint Venture Operations;
  • Tangible and Intangible Assets with SAP, in Joint Venture Operations;
  • Current Assets with SAP, in Joint Venture Operations;
  • Cash and Cash Equivalents;
  • Short-term Investments;
  • Receivables;
  • Inventory;
  • Prepaid Expenses;
  • Fixed Asset with SAP, in Joint Venture Operations;
  • Asset Description with SAP, in Joint Venture Operations;
  • Setting up Depreciation Parameter;
  • Straight Line Method with SAP, in Joint Venture Operations;
  • Reducing Balance Method with SAP, in Joint Venture Operations;
  • Unit of Production Method with SAP, in Joint Venture Operations;
  • Commencement of Depreciation with SAP, in Joint Venture Operations;
  • Annual Impairment Testing with SAP, in Joint Venture Operations;
  • Indicators of Impairment with SAP, in Joint Venture Operations.
  • Key Elements of SAP Supporting Joint Venture Accounting: An Overview, with Tacit Application (2)
  • Maintaining Asset Register with SAP, in Joint Venture Operations;
  • Contents of Asset Register with SAP, in Joint Venture Operations;
  • Cost with SAP, in Joint Venture Operations;
  • Date of Purchase with SAP, in Joint Venture Operations;
  • Supplier’s Name and Address with SAP, in Joint Venture Operations;
  • Serial Number with SAP, in Joint Venture Operations;
  • Internal Reference Number with SAP, in Joint Venture Operations;
  • Depreciation Rate and Method with SAP, in Joint Venture Operations;
  • Nominal Account Numbers with SAP, in Joint Venture Operations;
  • Location of the Asset with SAP, in Joint Venture Operations;
  • Department Using the Asset with SAP, in Joint Venture Operations;
  • Insurance Detail with SAP, in Joint Venture Operations;
  • Date of Disposal with SAP, in Joint Venture Operations;
  • Gains/Losses on Disposal with SAP, in Joint Venture Operations;
  • Partner’s Share with SAP, in Joint Venture Operations;
  • Production Sharing Agreement/Contract (PSA/PSC) with SAP, in Joint Venture Operations;
  • Payments in Production Sharing Agreement/Contract with SAP, in Joint Venture Operations;
  • Joint Venture/Joint Interest Audits and Reports with SAP, in Joint Venture Operations;
  • Operating Agreement and AFE with SAP, in Joint Venture Operations;
  • Minutes of Operator’s Meeting with SAP, in Joint Venture Operations;
Dubai, UAE Mar 13 - 24 Mar, 2017
GBP 10,000.00
(Convert Currency)

+44 7736147507; +44 1902 763607; +44 2071935906; +

Related Courses
International Petroleum - Oil and Gas - Exploration and Production (E and P) Companies: Mergers, Acquisitions and Joint Ventures Course International Petroleum - Oil and Gas - Exploration and Production (E and P) Companies: Mergers, Acquisitions and Joint Ventures Course

6 days, 15 - 20 May, 2017 

2017-05-15 12:05:00
United Kingdom

HRODC Postgraduate Training Institute

This is a 6-day course. At the end of the course, you will receive a diploma-postgraduate in international petroleum oil and gas, E and P mergers, acquisitions and joint ventures. This course is ...

Executive Leadership, Change Management and Worker Motivation Course - Diploma Postgraduate (London) Executive Leadership, Change Management and Worker Motivation Course - Diploma Postgraduate (London)

26 days, 03 - 28 Apr, 2017 

2017-04-03 12:04:00
United Kingdom

HRODC Postgraduate Training Institute

This executive leadership, change management and worker motivation course - diploma postgraduate (London) training course is designed for: Consultants; Senior Managers; Middle Managers; Junior ...

Six Sigma in Concept, Context and Practice- Six Sigma for Improved Efficiency, Quality and Effectiveness Six Sigma in Concept, Context and Practice- Six Sigma for Improved Efficiency, Quality and Effectiveness

26 days, 03 - 28 Apr, 2017 

2017-04-03 12:04:00
Netherlands

HRODC Postgraduate Training Institute

At the end of the six sigma in concept, context and practice- six sigma for improved efficiency, quality and effectiveness course participant will learn the following: What Is Lean? Lean Six Sigma ...

Operationalizing Strategic Employee Resourcing: Recruitment and Selection Programme (227) Operationalizing Strategic Employee Resourcing: Recruitment and Selection Programme (227)

3 months, 21 days, 01 May - 21 Jul, 2017 

2017-05-01 12:05:00
Malaysia

HRODC Postgraduate Training Institute

This operationalizing strategic employee resourcing: recruitment and selection programme (227) training course is designed for: Human Resource Professionals Human Resource Managers Human ...