Oil and Gas Accounting Training Course
Monday, February 23, 2026
Category:Accounting & Finance
3
Days
Dubai
9:00am – 4:00pm
Introduction
What is oil and gas accounting? Certain complicated and accounting issues are found in the Oil and Gas industry that require an accountant to be professional enough, such as holding an Oil and Gas Accounting certificate to efficiently solve the issues and ensure high-profit margins.
The Oil and Gas companies demand that the accountants be efficient in identifying and predicting various risks using effective methods and know essential topics like take-or-pay arrangements, the unit of production method, complete cost method, severance taxes, etc., to adopt strategies avoid risks and potential loss. Moreover, standardized reporting is a crucial hot topic and skill that Oil and Gas sector demands. The Oil and Gas Accounting Certification Course would train the trainees to perform excellently to overcome the challenges that accountants face during their job tenure.
Objectives
The critical objectives and aims of this course are to help trainees with:
- Identifying the major long-term issues in the Oil and Gas (O&G) sector
- Analysing different factors such as finance, commercial, and economic affecting the operations, profitability, and process of the O&G companies
- Using critical tools and technologies required to measure the performance
- Assisting the decision-makers in deciding by using accurate analysis
- Improve the corporate governance
- Managing projects efficiently
- Generating reports for skills measurement and performance by using the latest techniques and tools
- Identifying potential risks
- Learning and applying risk management techniques
- Knowing all the international standards for accounting
- Creating financial statements as per IFRS
Training Methodology
This course encompasses the ability to train professionals to develop skills following the changing trends of the O&G industry. Prior to each session, the courses are appropriately reviewed, and mandatory changes are made as per market trends. The trainees’ involvement and interest in this course are ensured using the Do–Review–Learn–Apply Model.
Organizational Impact
The organizations of the O&G sector can harvest maximum benefits from this course. Here is a list of few of these benefits:
- Identification of the risks to avoid loss and maximize profits
- Increased confidence of employees to work better under pressure
- Understanding the issues faced by the O&G sector and quick solutions to those issues
- Capabilities of the staff to accurately prepare accounts according to the IFRS
- Improved performance of the company due to skill measurement and performance analysis
Personal Impact
The trained professionals of this course would be able to receive the following personal benefits:
- Perceiving accounting topics in a better way
- Helping colleagues in complicated situations to work efficiently
- Discern the O&G sector accounting and challenges faced by this industry
- Escalated capacities of the professionals to manage complex tasks
- Ameliorated self-confidence to analyse risks, developing strategies to avoid risks and increase the company’s profitability
An accountant working in the O&G industry, Professionals in the finance and accounting fields, Professionals whose duties involve management and reporting in the O&G industry, Business Consultant, Cost Analysts, Managers, Financial planners of the O&G sector.
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