Tackling specific challenges facing oil & gas industry's IFRS implementation and updates
Overview & Benefits
Despite the large volume of information available to assist with the interpretation of IASB standards, there is relatively little guidance tailored to the needs of the Oil and Gas industry. The structure and focus of this conference is to provide such specific guidance.
In particular, this conference will demonstrate and illustrate both how the IASB's standards apply to the unique accounting issues in the Oil and Gas sector, together with those controversial areas with little or no guidance from the IASB.
Attend Infocus IFRS Conference for Oil and Gas Industry and make use of practical and real life case studies. Gain immediate knowledge and experience in how to apply the various accounting rules to your complex accounting issues in your organisation, and understand the options available to organisations in the Oil and Gas sector in applying those standards.
Topics Highlights
APPLY various accounting rules in the oil and gas sector
ASSESS the impact of new IFRS 6, IAS 16, 17, 23, 36, 37, 38, 39 etc. and gain through transition case studies
IDENTIFY appropriate accounting policies best suited to your company
MASTER updated IFRS principles and concepts by end of 2012
UNDERSTAND current status of IASB specific accounting standard for oil and gas sector
ADDRESS controversial areas with little or no guidance from the IASB
MASTER recognition and valuation of non-current assets
LEARN inventory and reserves accounting, revenue recognition, M&A, JV arrangement, financial instruments, reserve disclosure and many more
TAKE AWAY a complete understanding of IFRS vs US GAAP
Methodology
This intensive event is highly interactive, with a focus on exercises
and case studies to illustrate the application of the
key provisions of IFRS. We provide a practical and working
knowledge of how to apply those standards within your
own organisation. Participants should look forward to a
challenging, but enjoyable, learning experience, with
David's personal training style providing a unique teaching
environment.
While the workbook and accompanying reading material
contain a wealth of knowledge and examples, participants
will need a calculator to complete the activities. A laptop
computer will not be required.
Testimonials
“This was the best event I have been on in ages. Really helpful – lots of great info – I look forward to applying it to some cases I have”
- Finance Director, Dana Gas
"The speakers has a remarkable ability to explain material in clear manner and answer questions thoroughly and concisely"
- Finance Manager, Petronas
"The speaker was an excellent presenter. He made things simple, was guided by our questions, and was very patient”
- Manager, PricewaterhouseCoopers
“The speaker's knowledge of the subject is excellent. He clearly understands accountant’s needs and what they need to know”
- Finance Manager, Vietnam Oil and Gas Group
CERTIFICATE OF ATTENDANCE
Upon the successful completion of this conference, you will receive a Certificate of Attendance bearing the signatures from both the Expert Conference Leader and the Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.
Endorser
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Media Partners
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