Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Budgeting, Cost Control and Financial Reporting in Oil and Gas Sector

By: Alpha Partners

Lagos State, Nigeria

17 - 20 Jul, 2018  4 days

Follow Event

  

NGN 150,000

At this workshop, we expect participants to be engaged in such detailed workings of the upstream and downstream sectors of the petroleum industry such that their knowledge of the practices and the various financial management control techniques that will be taught would enhance their on-the-job professional competence. It is envisaged that the 4 day program which will be loaded with practical examples using international oil companies’ final accounts will expose participants to the details as we examine numerous case studies.

Contents:

  • Introduction to Financial Planning and Budgeting
  • Budget Preparation:  An Overview
  • JV Budgets vs Corporate Budgets
  • Operated vs Non-Operated Budgets
  • Budget Analysis
  • Financial Control Systems (including the internal/external controls)
  • Budgetary Control (including variance analysis, project cost production, cost reporting and control)
  • Budget Implementation Procedures
  • Oil and Gas Administration and Budget control
  • Performance Bench Marking and Performance measurement
  • Oil and Gas Financing Options
  • Oil and Gas Tax Regimes (profit tax and production tax)
  • Financial performance analysis for multinational Oil Companies
  • Understanding the financial statements

For Whom: Accountants, Auditors, Financial Controllers, Budget Officers, Corporate Affairs Managers, and others who perform related functions in the Oil and Gas Sector.

Training Methodology

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos. Jul 17 - 20 Jul, 2018
NGN 150,000.00(Fee: for each course, the workshop fee is N150,000.00 (One Hundred and Fifty Thousand naira Only) per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, photographs and Certificates.)
(Convert Currency)

Chris Onwuasigwe, FCA 08033045484

3-5 Participants - 5% discount allowed, 5 and above number of participants - 10% discount allowed.
A distinguished team of facilitators who are eminently qualified professionals has been assembled to lead discussions in course of the workshop.
Related Courses
Principles of Material Handling and Stores Management Workshop Principles of Material Handling and Stores Management Workshop

4 days, 18 - 21 Sep, 2018 

2018-09-18 12:09:00
Lagos State, Nigeria

Alpha Partners

In any organization, a considerable amount of material handling is done in one form or the other.  This movement is either done manually or through an automated process.  Throughout ...

Reconciliation of Financial Transactions Course Reconciliation of Financial Transactions Course

4 days, 25 - 28 Sep, 2018 

2018-09-25 12:09:00
Lagos State, Nigeria

Alpha Partners

Reconciliation or verification of financial transactions is a key element to sound business practices. A verification of all charges against a cost object, accompanied by any necessary corrections, ...

Modern Inventory and Stores Management Course Modern Inventory and Stores Management Course

3 days, 03 - 05 Oct, 2018 

2018-10-03 12:10:00
Lagos State, Nigeria

Alpha Partners

To teach the best practice in modern inventory and stores management. Content Inventory Management Definition Reason for holding stock Holding Cost Stock Control and Warehouse Processes Setting ...

Managing Customers for Competitive Advantages Course Managing Customers for Competitive Advantages Course

4 days, 09 - 12 Oct, 2018 

2018-10-09 12:10:00
Lagos State, Nigeria

Alpha Partners

In order for an organization to even consider building strong customer relationships, customer retention needs to be a top priority that is acknowledged and supported by everyone within the ...