This training is designed to enhance participants’ competencies in cost control and financial reporting within the upstream oil and gas industry, with a specific focus on Indonesia’s Production Sharing Contract (PSC) framework. The program provides comprehensive insights into the management of capital and operational expenditures, the application of relevant International Financial Reporting Standards (IFRS), and the interpretation of key financial documents such as cash flow and performance reports.
Participants will explore critical financial topics, including abandonment liabilities, depreciation, and over/under lifting, to strengthen their ability to ensure compliance, improve reporting accuracy, and support strategic decision-making in PSC-based operations.
Financial managers and controllers
Cost accountants and financial analysts
Tax accountant
Auditors
Reporting specialists
Risk management
Management operations
Business Development
Project Commercials
Anyone interested in understanding cost control and financial reporting in the upstream operations of oil and gas under the Indonesia PSC, including professionals from related industries or organizations.
• Lecturing and Class room session and Case Study
• Interactive sharing information and experience
• Group discussion, question and answer session
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