Mastering Finance For Non-Finance Personnel
This course will provide participants with an understanding of the information and data used in the preparation of
the key financial reports of the company, namely the Profit & Loss (P&L) account, the balance sheet, and the cash
flow statement. Participants will also gain an understanding of accounting topics unique to the upstream industry,
as well as the preparation and control of an annual budget.
Specifically, this course will allow participants to learn accounting principles and how these are applied, as well as
how to understand financial information and the use this information in the preparation of the P&L account, the
balance sheet, and the cash flow statement. Participants will also learn to appreciate the difference between
capital and operating expenditures, to understand accounting for exploration costs, depreciation, reserves,
decommissioning, and impairment tests, and finally learn how to prepare an annual budget.
Date & Location
Sunday 23 Dec, 2018 | instOG, Innovation Park Muscat