Appreciate the financial impact of your day-to-day decisions and actions work more confidently and effectively with colleagues on financial matters improve the quality of information you receive from and provide to Finance increase the success rate of requests for authorisation of expenditure and make more effective use of funds allocated
Objectives
At the end of the course, participants should:
Use departmental budgets and monthly management reports to help you exercise financial control of your area.
Understand the financial information disclosed in your company’s annual report and accounts
Learning throughout the programme will be reinforced by case studies, worked examples, and illustrative extracts
Level Expectations
The E&P Business and Project Economics
Accounting, Exploration and Development Costs
Reserves, Production and Cost of Sales
Risk and Cost Sharing Arrangements
Financial Analysis, Budgets and Management Reports
