IFRS for Oil & Gas - Singapore 2015

Despite the large volume of information available to assist with the interpretation of IASB standards, there is relatively little guidance tailored to the needs of the Oil and Gas industry. The structure and focus of this course is to provide such specific guidance.

In particular, this course will demonstrate and illustrate both how the IASB’s standards apply to the unique accounting issues in the Oil and Gas sector, together with those controversial areas with little or no guidance from the IASB.

Attend Infocus IFRS Workshop for Oil and Gas Industry and make use of practical and real life case studies. Gain immediate knowledge and experience in how to apply the various accounting rules to your complex accounting issues in your organisation, and understand the options available to organisations in the Oil and Gas sector in applying those standards.

To register/enquire, please contact:

Reanne Lee
Infocus International Group
Tel: +65 6325 0274 | Email: [email protected]
Web: http://www.infocusinternational.com/ifrs/index.html

Agenda
Day 1 - Introduction to IFRS Principles, Oil and Gas Accounting Issues and Non-Current Assets
Module 1: Overview of IFRS Principles and Concepts
Module 2: Oil and Gas Industry Accounting Issues
Module 3: Recognition and Valuation of Non-Current Assets
Case Study: Determination and valuation for oil and gas infrastructure assets and illustration of key accounting issues

Day 2 – Accounting for the Oil and Gas Industry Value Chain: Exploration, Development and Production
Module 4: Accounting for Exploration and Evaluation Activities
Module 5: Accounting for Development and Production Activities
Case Study: Determination of CGU and allocation of impairment charge across CGU. Reversal of impairment loss for CGU with and without goodwill
and much more...