Oil and Gas Accounting
We understand the challenges that accountants face in understanding the complex accounting for oil and gas exploration and production companies. A critical step to learning the accounting is to understand the industry including the exploration, discovery, drilling and production of oil and gas reserves and the characteristics of crude oil, natural gas and natural gas liquids. In this 2-day course, which can be tailored to any organization to also a 1-day session, we explore:
Almost all accountants, from accountants new to the industry to seasoned oil and gas accountants to auditors of oil and gas entities, will gain a better understanding and refresher on the dynamics of oil and gas accounting. For many who have attended this class, the industry came alive and the accounting became second nature as they also had an opportunity to touch and smell real crude oil for the first time.