This course will provide participants with an understanding of the principles and practices applied in auditing activities undertaken in the oil and gas industry. Extensive use will be made of realistic industry based exercises and case studies to reinforce key teaching points and to provide participants with opportunities to apply the knowledge gained in a practical manner.
Participants will also learn how to develop and apply a structured methodology for conducting upstream oil industry joint venture and Production Sharing Contracts (PSC) audits.
Staff who are new to the discipline of audit, experienced audit practitioners who wish to update the skills, personnel from any discipline who are involved in internal audits, joint venture audits, or PSC audits, and personnel with a background in statutory audit in the accounting profession who require an understanding into the specialized area of upstream auditing.
Upon completion, you will know how to: