Cost Control And Financial Reporting Of The Upstream Operation Of Oil And Gas Under Indonesia PSC
This course is designed for those interested in learning how to set up control of cost for each stage of the upstream operation activity as an additional working knowledge to support his or her assignment.
Concepts and theory are presented in such a way that will invite participants to be actively involved in the discussions. The presentation of related cases and discussion of current issues are intended to help participants in turning the theory into practical knowledge.
TRAINING OBJECTIVE :
- To describe cost concept in the upstream Oil & Gas operation
- To learn how to set up control of cost for each stage of activity
- To understand concept of accruals and its practice
- To learn how to calculate Operating Costs
TRAINING MATERIAL OUTLINE :
- General
- Petroleum Accounting principles
- Indonesian PSC Accounting
- Cost Classification
- Acquisition cost
- Exploration cost
- Development cost
- Production cost
- Administration and General cost
- Capital and Non Capital Cost
- Definition
- Capital Budgeting
- Depreciation
- Authorization for Expenditures
- Why need AFE?
- Project vs. Non-Project
- AFE revision, and supplement
- AFE control and report
- Accruals
- Concept and theory
- How to control and calculate the number to be accrued
- Expense Performance Report
- Preparation of report
- Analysis and adjustment
- Operating Costs
- Definition
- Method of calculation
- Case study
INSTRUCTOR : Ir. Iswahyudi and team
VENUE : Yogyakarta (Ibis Styles Hotel/ Ibis Malioboro Hotel/ Jambuluwuk Hotel/ Cavinton Hotel/ Grand Zuri Hotel, dll)
TRAINING DURATION : 3 days
TRAINING TIME :
- 23 Sep 2019-25 Sep 2019
- 21 Okt 2019-23 Okt 2019
- 25 Nop 2019-27 Nop 2019
- 02 Des 2019-04 Des 2019
INVESTMENT/ PERSON :
- Rp. 6.500.000/person (full fare) or
- Rp. 6.250.000/person (early bird, payment 1 week before training) or
- Rp. 5.950.000/person (if there are 3 persons or more from the same company)
FACILITIES FOR PARTICIPANTS :
- Training Module
- Flash Disk contains training material
- Certificate
- Stationeries: NoteBook and Ballpoint
- T-Shirt
- Backpack
- Training Photo
- Training room with Full AC facilities and multimedia
- Lunch and twice coffeebreak every day of training
- Qualified Instructor
- Transportation for participants from hotel of participants to/from hotel of training – VV (if minimal participants is 4 persons from the same company)
