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Course in Accounting Standards for Gas, Oil and Petrochemicals


Summary

The British Academy for Training and Development offers a training course on accounting standards for gas, oil, and petrochemical companies. This course is for anyone interested in learning how to manage and work within accounting departments of oil companies and institutions, and how to prepare standardized accounting reports.

Working in the petrochemical field, particularly in the extraction of oil, gas, and other derivatives, comes with many challenges. Among these challenges are those related to cost accounting, including the preparation of both general and detailed cost estimates for the extraction of petrochemicals. This also includes the costs of refining or processing, known as the refining process, and finally, the costs of storing these products in warehouses that must meet high protection and safety standards.

Objectives and target group

The British Academy for Training and Development offers this course to the following categories:

  • Petroleum Engineers.
  • workers in petroleum facilities security.
  • Workers in the environmental control services.
  • Workers of work quality control in the oil facilities.
  • Directors and owners.
  • Directors of departments
  • Directors of the accounting department in oil companies.
  • Directors of the accounting department in gas companies.
  • Directors of the accounting department in public institutions for petrochemicals.
  • workers in petroleum facilities security.
  • Workers in the environmental control services.
  • Workers of work quality control in the oil facilities.
  • Directors and owners.
  • Directors of departments
  • Directors of the accounting department in oil companies.
  • Directors of the accounting department in gas companies.
  • Directors of the accounting department in public institutions for petrochemicals.
  • All workers in accounting sector of oil institutions and companies.
  • All workers in accounting sector of oil institutions and companies.

After completing the program, participants will be able to master the following topics:

  • Accounting concept in oil gas and companies.
  • Accounting concept in oil extraction and its derivatives companies.
  • Foundations of cost and method of preparing total cost for extraction oil derivatives and sorting them.
  • Management the accounting department in gas, oil and petrochemicals companies.
  • Comprehending of the methods followed in protecting the environment from the oil leaks for preserving the society including protecting themselves.
  • Recognizing oil leaks resources and its effects.
  • Recognizing the obstacles that limit the effectiveness of environmental security methods

Course Content

  • Listing and creating financial statements in work costs in oil buildings and petroleum extraction.
  • Developing accounting skills for costs of petroleum stocks in deposits.
  • Advanced skills of preparing and drafting costs for oil refineries.
  • Creative methods and solutions to decrease general cost for oil extraction and petroleum derivatives.
  • Causes of oil contamination.
  • Resources of oil leaks.
  • The potentials and foundations for the success of protection methods.
  • Examples of some accidents.
  • Establishing and developing the quality of the occupational health and safety management system.
  • Establishing and developing joint arrangements for occupational health and safety management.
  • Establishing and developing risk identification, assessment and control procedures.
  • Evaluate sources of information and data about the work environment in order to identify hazardous tasks and conditions.
  • Analyze the work environment for risk assessment.
  • Methods of risk assessment.
  • Precautions to be taken for avoiding risks.
  • Relationship between risks and the institution policies and procedures.
  • Reasons for assessing risks and taking the necessary precautions.
  • Methods of certification of risk assessment and necessary precautions.
  • Methods of dealing with some risks resulting from corruption.
  • The proper time to take the necessary precautions.
  • Risk assessment categories.

Course Date

2025-01-13

2025-04-14

2025-07-14

2025-10-13

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4200 / Member

Members NO. : 2 - 3
£3360 / Member

Members NO. : + 3
£2604 / Member

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