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Course in Industrial Accounting in Oil Companies


Summary

Course in industrial accounting in oil companies  provides  the trainees with developing accounting treatments and certain and uncertain reserves ,costs for all oil industry ,as well . The course aims at recognizing accounting organization to the participants in oil companies and  accounting dimensions for industrial stages, research and exploration, development and production .

Accounting is a business language, studying measure, communication ,and explanation for all financial activities by listing, categorizing and summarizing financial processes and financial disclosure by financial statements expressing a specific period, three months.

If a company discloses its financial statements and their  acceptable accounting principles ,trading is done in shares of corporate securities and federal law requires that financial statements for a company are reviewed by independent public accountants, financial statements and their notices have been prepared  according to acceptable accounting principles. Accounting has industrial, governmental and banking branches that have great importance in an institution.  

The increased environmental contamination generally and the oil contamination particularly constitute a concern for the contemporary society as the problem of environmental damages and its aggravation are hindering the economic development. In addition, the oil is one of the most dangerous and significant sectors that effecting the environment. And it's well known that one gallon of oils leakage in the water can cause contamination of million gallon of water, and it's hard to be controlled. In this regard, it's considered a problem in itself. Therefore, it's necessary to work on providing protection methods in the oil facilities.

Risk management is a process of risk Identification, Measurement, & Assessment, beside the development of strategies for management and reduction of prospective damages. These strategies include risk transfer, prevention, minimization of adverse impacts, and finally the absorption methods of some or all of the obligatory consequences. It can also be defined as Management Activities aimed at controlling risk and exerting maximum efforts and potential to reduce any risks to the acceptable levels.

This course is provided for anyone who wants to acquire significant skills in warehouse and warehouse management, to learn the secrets of logistics in institutions and companies, and to develop the reality of logistics work in enterprises. Supply Chains are networks of independent or semi-autonomous business entities that are jointly responsible for the needs insurance, manufacturing and distribution activities of one or more interrelated products, and can also be defined as a sequence of Delivery of a commodity or service, and start  main raw materials and ends with the final customer.

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 .
  • All workers in administrative departments,
  • Accountants in oil companies
  • Officials and employees in making decision department .

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

  • Accounting organization for research and exploration
  • Oil industry activities and their accounting effects
  • The nature of research and exploration.

Course Content

  • Accounting introduction in oil companies .
  • Background of business qualities in an oil sector.
  • Concept and objectives of cost accounting in oil companies.
  • Different kind costs.
  • The concept of the environmental security.
  • 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.
  • Risk assessment field work.

Course Date

2024-05-13

2024-08-12

2024-11-11

2025-02-10

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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