Advanced Finance & Accounting Strategies

Transcription

1 An Intensive 5 Day Training Course Advanced Finance & Accounting Strategies in the Oil & Gas Industry Nov 2017, London 16-FEB-17 This course is Designed, Developed, and will be Delivered under iso Quality Standards

2 Advanced Finance & Accounting Strategies in the Oil & Gas Industry Why Choose this Training Course? In today s competitive oil and gas industry, with volatile oil prices, demand and supply uncertainties, the need to reduce operating costs, whilst maintaining quality and safety, improving returns for investors and company stakeholders, what strategies should companies adopt to ensure sustainable growth? Given the substantial capital costs, long lead times from exploration to sale and pressure to meet reserve replacement ratios, implementing and managing strategies in Oil & Gas finance and accounting are critical success factors. This Advanced Finance & Accounting Strategies course therefore focuses on the essential skills and techniques required to enable you to make appropriate strategic decisions to maximize profit, reduce costs and financial risks. This PetroKnowledge training course will feature: The current and future challenges within the sector The strategic decisions facing companies in this challenging environment & the techniques to enable informed strategic decision making Financing strategies to determine the optimum capital structure & undertake capital investment appraisal to maximising shareholder wealth Strategies to reduce and/or eliminate financial risk Strategies to manage new initiatives to ensure companies met their Strategic Aims & Objectives What are the Goals? By the end of the training course, participants will be able to: Identify & evaluate the challenges facing the Oil & Gas sector now & in the future Use skills & techniques to assist with key strategic decisions facing their company Recommend appropriate financing decisions & make capital investment decisions Advise on methods to eliminate or reduce financial risks facing Oil & Gas companies Manage new projects/initiatives effectively, meeting Strategic Aims & Objectives Who is the Training Course for? This PetroKnowledge training course is suitable to a wide range of professionals but will greatly benefit: Key Personnel in the Oil and Gas Industry Accountants & Finance professionals responsible for financial accounting, treasury, budget preparation and management reporting Process and non-technical professionals who require a more in-depth understanding of strategic issues facing the Oil & Gas sector now and in the future Managers involved in making CAPEX decisions Bankers and Professionals who work in Energy Lending How will this Training course be Presented? This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes the evaluation of real-world case studies, examples from leading international Oil & Gas companies, using the latest techniques, group discussions as well as one-to-one support. Throughout the course, you will be engaged in a number of activities forming an Action Plan for on-going discussion and implementation after the course. This is designed to improve your skills as well as knowledge and to ensure tangible benefits are seen within your organisation.

3 Day Two: Advanced Strategic Decisions Competency Description: Having analysed the issues currently facing the Oil & Gas sector, Day Two provides the knowledge of the advanced strategies which may be adopted within the sector Evaluation of advanced strategies decision making Exploring the analytical tools to assist strategic decision making Analytical skills to analyse the impact of strategic decision making Distinguishing between alternative growth strategies Daily Agenda Day One: Strategic Issues facing the Oil & Gas sector Competency Description: An understanding of the strategic issues currently facing the Oil & Gas sector is vital for the successful development and implementation of successful strategies Evaluating major strategic issues Recommending appropriate action to address key issues Evaluating volatility in the sector Report findings The Nature of the Oil & Gas sector Current & Future challenges within the sector a question of Supply & Demand Volatility: Demand, Energy Prices, Exchange Rates, Interest Rates Resources & Reserves and the need for Research & Development Financial Issues impacting on Strategic Development and Growth Strategic Planning and Decision Making in a Volatile Market Analytical Tools to Aid Strategic Planning and Decision Making Diversifying Income Streams - Balancing Upstream, Midstream & Downstream Growth Strategies: Exploration, Diversification, Vertical & Horizontal Integration Mergers & Acquisitions, Joint Ventures, Production Sharing Agreements & Strategic Alliances Day Three: Financing Strategies in the Oil & Gas Sector Competency Description: Strategic decisions require financing. It is essential that you understand the most appropriate way of financing projects and growth. In addition, you need to ensure that strategies are financially viable. Evaluating appropriate methods of finance Evaluating capital investment decisions to ensure viability Forecasting cash flows and volatility Modelling risk and uncertainty to aid decision making Sources of Finance the Optimum Capital Structure and the Cost of Capital Capital Investment Appraisal: NPV, IRR, Modified IRR, Payback Financial Forecasting and Analysis in Excel Managing Uncertainty of Production, Prices, Capital Costs & Construction Delays Modelling Energy Prices in Capital Budgeting Advanced Finance & Accounting Strategies in the Oil & Gas Industry

4 Day Four: Financial Risk Management Strategies Competency Description: Controlling risk is essential to the sustainability and profitability of projects, you will gain the knowledge and skills to identify, monitor, manage and eliminate many of the financial risks facing your organization Evaluating the impact of risk to prioritise actions Analysis of risk using Excel Evaluation of risk management strategies Reporting hedging strategies in accordance with IFRS Developing and Implementing a Risk Management Strategy Risk Analysis of Oil and Gas projects using Excel Sensitivity Analysis, Sensitivity Charts & Scenario Analysis, Monte Carlo Simulation Hedging Energy Prices; Interest Rates & Foreign Exchange Rates using Financial Derivatives Accounting for Hedging Under IFRS Day Five: Project Management to meet Strategic Aims & Objectives Competency Description: Once strategies have been implemented, projects need to be managed. Day five focuses on the knowledge and skills to ensure the successful on-going management of projects Estimating project durations and costs Making decision ensure successful completion of projects Calculating and managing variances Report writing Estimating Activity Durations & Costs using Statistical and Probability estimates Critical Path and Manpower Planning Earned Value Analysis Budgetary Control and Variance Analysis Implementing & Managing Change, Suspension or Shut Downs APPROVED P R O V I D E R QuAlity CertiFiCAtion The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc. Advanced Finance & Accounting Strategies in the Oil & Gas Industry

5 Advanced Finance & Accounting Strategies in the Oil & Gas Industry Course Dates, Venues and Fees Nov 2017 London $5,500 This fee is inclusive of Documentation, Lunch and Refreshments Please use BLOCK CAPITALS to fill in this form. It is important that you read carefully through all information before starting to complete the form. Registration Details Family Name: First Name (Mr./Ms.): Position: Company: Mailing Address: Telephone: Mobile: Fax: Authorisation Authorisation By: Position: Company: Mailing Address: Telephone: Mobile: Fax: In-house Training Maximize your training budget and have several members of your staff, who require specific training, to attend with the advantage of not incurring additional travel costs when attending a public training courses & seminars. Would you like a PetroKnowledge training course delivered at a time or location to suit you? Would you like PetroKnowledge to tailor a course from our comprehensive library of programmes? Or would you like us to create an entirely new, bespoke course to suit the exact needs of your organisation? Working in partnership with our clients, PetroKnowledge provides an enjoyable, creative learning experience that enables participants to develop their skills and knowledge. We can deliver not only generic, off-the-shelf courses from our extensive learning portfolio, but we can provide tailored as well as bespoke learning on any aspect of skill development or knowledge. Our in-house courses are conducted by the same expert trainers who conduct PetroKnowledge public courses so you can be assured they will fulfill the learning objective of any organisation

6 Booking Terms & Conditions Booking Bookings for courses can be made via our website (petroknowledge.com) or by contacting our Registration Desk on or at reg@petroknowledge.com For on-line bookings, please select the course that you require and click on the Register Now button, following the instructions step by step Upon receipt of booking in order, enrollment on the respective training course will be confirmed by Registration Team with all necessary documentation Invoicing and Payment Our fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation charges are not included in the course fees Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted Invoices will be sent via /courier to the ID/name and address provided We prefer to have the fees payment in our account before the start of training course. However, if your company has a different payment policy, the same should inform us in advance The currency of fees is in US Dollars (USD). Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the Invoice Please note that we do accept payment by cash, in USD or AED, only for the last minute bookings Cancellation of Courses It may be necessary for PetroKnowledge to amend or cancel any course, course times, instructors, dates or published fees due to unforeseen circumstances and we reserve the right for such changes Any amendments will be advised before the course start date and any bookings already paid in full will not be subject to increased fees Cancellation by Client Once you have completed your booking, received your confirmation of enrollment and a dated payment Invoice, you are deemed to have a contract with PetroKnowledge. You reserve the right to cancel this contract given the below terms All cancellations must be received in writing at reg@petroknowledge.com and info@petroknowledge.com at least 14 days prior to the training After the cancellation period has expired, consideration may be given, on a case to case basis, if a registered delegate nominates a substitute on the same course, shifts to next session of the course or moves to a new course For a cancellation request made on or before the statutory 14 day cancellation period, a refund may be given or a credit note issued which can be used against future course fees A 25% administration fee (of the total course fee at the time of booking) will be charged for any cancellations made outside of the statutory cancellation period Attendance Certificate The daily course schedule should be accurately followed to ensure undeterred implementation of our training All delegates, who participated in their course throughout, will receive the Certificate of Completion on the last day Please report any foreseeable absences to a PetroKnowledge representative or to your sponsors directly An absence of three (3) or more sessions of the course will invalidate your eligibility for the Certificate of Completion T: F: E: info@petroknowledge.com P.O. Box: , Abu Dhabi, U.A.E.