This International Financial Reporting Standards (IFRS) for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) training course equips participants with the skills to navigate accounting, reporting, and performance evaluation in the oil & gas and petrochemical sectors. Covering Upstream, Midstream, and Downstream operations, the training course incorporates the latest updates including IFRS 18 – Presentation and Disclosures in Financial Statements (effective 1 January 2027) and Sustainability Disclosure Standards IFRS S1 & S2.
The training course emphasises practical application, enabling participants to prepare and critically assess financial information for their organisations while applying industry-specific analytical tools.
Key features of the International Financial Reporting Standards (IFRS) for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) training course include:
At the International Financial Reporting Standards (IFRS) for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) conclusion of this training course, participants will be able to:
This International Financial Reporting Standards (IFRS) for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) training course is designed for finance professionals seeking to specialise in oil & gas accounting, including:
Each topic on this International Financial Reporting Standards (IFRS) for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream) training course is introduced with an illustrated presentation on the activities to be accounted for, the methods used, and the issues arising in the financial reporting of those activities. Learning on each topic is developed by a worked example, and participants then complete an exercise, individually or in groups as appropriate, to ensure that they are able to apply what they have learned.
On completion of each exercise, a full solution is issued and discussed, with an opportunity for questions and answers. Having mastered the theory and practice of each issue, learning is further reinforced by examination of relevant extracts from the annual reports of international oil and gas companies. At the end of each day, participants have an opportunity for a one-to-one session with the seminar leader to ask further questions and to go over any material that they have not yet fully understood.
Participation in this training course allows organisations to:
Individuals completing this training course will gain:
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
This training course is also part of the 10-day titles:
Very valuable, inforrmative course with a professional instructor!
M. Dawod
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