.: Global franchise :.

US GAAP for Upstream (E&P) Oil and Gas

Dates	Venues	Register
23/03/2025 - 27/03/2025	DOHA

In this course, you will learn:

How to apply the key financial accounting standards applicable to upstream oil and gas entities reporting under US GAAP and SEC regulation
To appreciate the impact on results of applying the full cost and successful efforts methods of accounting
The uses of reserves in financial accounting, their definitions and classification
Which methods of depreciation to apply to producing properties
How to account for impairment and asset retirement obligations
How to recognise revenue arising from oil and gas sales
How to calculate and interpret financial performance metrics used to analyze the costs, profitability, efficiency, and value added by a firm's exploration and production activities
How business combinations, joint ventures and non-monetary exchanges of oil and gas assets are accounted for

This training course is especially suitable for:

Financial accountants of US reporters in the upstream oil and gas industry
Management accountants of US IOC’s and NOC’s partnering with US IOC’s
Internal and external auditors of oil and gas companies reporting under US GAAP
Staff of revenue authorities and NOC’s working with IOC’s reporting under US GAAP
Financial analysts seeking to improve their understanding of the accounting by oil and gas companies