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Finance, Accounting, Tax, Treasury, Audit & Risk Management

Cost Control And Financial Reporting Of The Up Stream Operation Of Oil And Gas Under Indonesia PSC

Instructor By : St. Edi Purwaka

OBJECTIVE

• Developing proposal of Work Program & Budget (WP & B)
• Developing proposal of AFE & POD for Approval
• Developing Competitive advantage by improving operation efficiency
• Analyzing Risk Management aspect in field Development

COURSE CONTENT

1. Accruals

• Concept and theory
• How to control and calculate the number to be accruel

2. Expense Performance Report

• Preparation of report
• Analysis and adjustment

3. Operating Costs

• Definition
• Method of calculation

4. Financial Budget & Reporting Procedure

5. Work Program & Budget

6. Authorization for Expenditure

7. Financial Reporting

8. Production / Lifting

9. Cost to be Recovered

10. Entitlement

11. Government Tax

12. Cash Settlement

WHO SHOULD ATTEND

•  Geophysicist, Geologist & Drilling Engineer
• Reservoir Engineer
• Petroleum Engineer
• Production Engineer
• Project Engineering and Economic Team
• Development Planning Team
• Accountant & Financial Analyst
• Field Manager / Superintendent / Supervisor
• Operations & Facilities Engineer

TRAINING METHOD

Presentation

Discussion

Case Study

Evaluation 

FACILITIES

Training Kit

Handout

Certificate

Lunch + 2 X Coffee Break

Souvenir

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