Oil and Gas, Mining Courses

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1600: Oil & Gas Accounting Fundamentals (3 days)
This three-day course focuses on the accounting standards, corporate reporting and financial analyzes that relate specifically to the oil and gas industry. Both IFRS and US/Canadian GAAP requirements will be considered. Case studies, financial report... [read more]

1600: Oil & Gas Accounting Fundamentals (3 days)
This three-day course focuses on the accounting standards, corporate reporting and financial analyzes that relate specifically to the oil and gas industry. Both IFRS and US/Canadian GAAP requirements will be considered. Case studies, financial reports, and financial disclosures from real-world oil and gas companies will be used throughout the program to enhance and reinforce learning. Course topics include: Fundamental concepts underlying the two basic sets of oil and gas accounting methods - Successful Efforts and Full Cost | IFRS 6: Exploration for and Evaluation of Mineral Resources | Oil and gas accounting case including: non-drilling exploration costs, drilling exploration costs, development costs, production, depreciation, depletion and amortization | Dismantlement, restoration and abandonment ('asset retirement obligations') | Capitalization of interest costs | Asset impairment | Environmental accounting and disclosures | Update on the IASB's project for extractive industries | Corporate reports (including Annual Reports, Forms 10-K, 20-F, 10-Q, 6-K, 8-K, and more) | Key information provided in each report and where to find it | Report formats | Financial Analysis Part I: Traditional financial analysis of oil and gas firms | Liquidity measures | Profitability measures | Risk measures | Hands-on financial statement analysis case study using data from oil and gas companies | Financial Analysis Part II: Analyzes of Exploration and Production Activities | Disclosure requirements relating to oil and gas producing activities such as proved oil and gas reserve quantities, and costs incurred for property acquisition, exploration & development activities | The standardized measure of discounted future net cash flows ('PV10') | Where to find key data relating to firms' exploration and production activities | Financial and operational metrics used to specifically assess an oil and gas company's exploration and production business | Hands-on financial statement analysis case using data from oil and gas companies: Calculate and interpret various industry metrics used to assess an oil and gas company's exploration and production business performance such as finding costs and reserve value-added-to-spending ratios. Practical examples and illustrative financial statements are used throughout the course. [hide]

1605: IFRS for the Oil & Gas Sector (2 days)
This two-day course focuses on the specific accounting and reporting requirements for extractive industries (Oil & Gas). Topics, presented through the use of practical examples and illustrative financial statements, include: IFRS 6 Exploration for an... [read more]

1605: IFRS for the Oil & Gas Sector (2 days)
This two-day course focuses on the specific accounting and reporting requirements for extractive industries (Oil & Gas). Topics, presented through the use of practical examples and illustrative financial statements, include: IFRS 6 Exploration for and Evaluation of Mineral Resources | Cost elements of exploration and evaluation assets | Initial and subsequent measurement of exploration and evaluation assets | Changes in accounting policies | Classification of assets as property, plant and equipment vs. intangible | Disclosure requirements | Transitional provisions | IAS 16 Property, Plant and Equipment | Provisions for dismantling and restoration costs | IAS 36 Impairment of Assets | IAS 38 Intangible Assets | Depreciation and amortization rules | Update on the IASB’s Discussion Paper on extractive activities | Overview of US/Canadian GAAP guidance for extractive industries | Hedge accounting | Practical examples and illustrative financial statements. [hide]

1625: IFRS Workshop for the Oil & Gas Sector (3 days)
This three-day course focuses on the specific accounting and reporting requirements that affect the international oil and gas industry. Topics covered by means of tutorials, practical examples and illustrations from published financial statements inc... [read more]

1625: IFRS Workshop for the Oil & Gas Sector (3 days)
This three-day course focuses on the specific accounting and reporting requirements that affect the international oil and gas industry. Topics covered by means of tutorials, practical examples and illustrations from published financial statements include: The distinctive features of the oil and gas industry | Summary of accounting issues in the industry | IASB’s Discussion Paper on extractive activities | Exploration and evaluation (IFRS 6 Exploration for and Evaluation of Mineral Resources, full cost accounting, successful efforts accounting) | Property, plant and equipment | Impairment of assets | Decommissioning costs and site restoration | Joint ventures | Production sharing agreements, including internal accounting and external financial reporting issues | Reserves and other disclosures | Hedge accounting | Selecting and amending accounting policies | Comparison between IFRS and US GAAP | Worked examples and opportunities for discussion. [hide]

1626: IFRS for the Minerals and Mining Sector (3 days)
This three-day course focuses on the accounting standards, corporate reporting and financial analysis that relate specifically to the minerals and mining sector. The program details the minimum standards, recommendations and guidelines for public rep... [read more]

1626: IFRS for the Minerals and Mining Sector (3 days)
This three-day course focuses on the accounting standards, corporate reporting and financial analysis that relate specifically to the minerals and mining sector. The program details the minimum standards, recommendations and guidelines for public reporting of Exploration Results, Mineral Resources and Mineral Reserves as well as the minimum standards, recommendations and guidelines for the valuation of mineral assets. IFRS as well as US, UK and Canadian GAAP requirements are considered. Case studies, financial reports, and financial disclosures from real-world mining and mining exploration companies are used throughout the program to enhance and reinforce learning. Topics covered by means of tutorials, practical examples and illustrations from published financial statements include: Distinctive features of the minerals and mining industry | Summary of accounting issues in the industry | IASB’s Discussion Paper on extractive activities | Exploration and evaluation (IFRS 6 Exploration for and Evaluation of Mineral Resources, full cost accounting, successful efforts accounting) | Property, plant and equipment | Impairment of assets | Decommissioning costs and site restoration | Joint ventures | Production sharing agreements, including internal accounting and external financial reporting issues | Reserves and other disclosures | Hedge accounting | Selecting and amending accounting policies | Comparison between IFRS and US, UK and Canadian GAAP | Worked examples and opportunities for discussion| Corporate reports | Financial analysis. [hide]

1627: IFRS for Junior Mining & Exploration-Stage Companies (2 days)
This two-day course focuses on accounting standards, corporate reporting and financial analysis that relate specifically to the junior mining and exploration sector. Most courses relating to the resource sector focus on the in-production aspects of a... [read more]

1627: IFRS for Junior Mining & Exploration-Stage Companies (2 days)
This two-day course focuses on accounting standards, corporate reporting and financial analysis that relate specifically to the junior mining and exploration sector. Most courses relating to the resource sector focus on the in-production aspects of accounting. This program details standards, recommendations and guidelines for public reporting of exploration costs, mineral resources and reserves as well as the minimum standards, recommendations and guidelines for the valuation of mineral assets. IFRS as well as US and Canadian GAAP requirements are considered. Case studies, financial reports, and financial disclosures from real-world mining exploration companies are used throughout the program to enhance and reinforce learning. Topics covered by means of tutorials, practical examples and illustrations from published financial statements include: Distinctive features of the junior mining and exploration industry | Summary of accounting issues in the industry | IASB’s Discussion Paper on extractive activities project | Exploration and evaluation (IFRS 6 Exploration for and Evaluation of Mineral Resources) | Property, plant and equipment | Impairment of assets | Decommissioning costs and site restoration | Joint ventures | Production sharing agreements, including internal accounting and external financial reporting issues | Reserves and other disclosures | Stock based compensation | Foreign exchange | Selecting and amending accounting policies | Worked examples and opportunities for discussion| Corporate reports | Financial analysis. [hide]

1630: Deloitte IFRS Hot Topics for Canadian Oil & Gas Entities (1 day)
Building on past successful IFRS events for the Canadian Oil & Gas sector held five times in 2009/10, this one-day course led by Deloitte IFRS oil and gas specialists has been specifically developed for Canadian oil and gas extractive entities who ma... [read more]

1630: Deloitte IFRS Hot Topics for Canadian Oil & Gas Entities (1 day)
Building on past successful IFRS events for the Canadian Oil & Gas sector held five times in 2009/10, this one-day course led by Deloitte IFRS oil and gas specialists has been specifically developed for Canadian oil and gas extractive entities who may benefit from last minute guidance and information with regards to their transition from Canadian GAAP to IFRS. Over the 8 hours spent in intensive professional training and dialogue, participants will be able to review the critical issues involved in IFRS implementation, and have the opportunity to interact with the Deloitte IFRS oil and gas specialists and also with their peers in a last minute “reality check” interactive environment. This will be achieved by undertaking mini case studies, by group discussions on real-world issues, and from the in-depth interactive sessions facilitated by the Deloitte IFRS oil and gas specialists and designed to illustrate key conceptual and pragmatic issues. Download the brochure for this event. [hide]

1856: Grant Thornton IFRS for Audit Committees - Oil and Gas (half-day)
The fundamental purpose of an audit committee is to oversee the integrity of annual and interim financial reporting. In accordance with NI 52-110, audit committee members must be financially literate, which means they are able to read and understand ... [read more]

1856: Grant Thornton IFRS for Audit Committees - Oil and Gas (half-day)
The fundamental purpose of an audit committee is to oversee the integrity of annual and interim financial reporting. In accordance with NI 52-110, audit committee members must be financially literate, which means they are able to read and understand the company’s financial statements. Venture issuers are exempt from these requirements but are still required to disclose whether each audit committee member is financially literate. This half-day workshop is designed to assist audit committee members in meeting the financial literacy requirements of NI 52-110 by helping them to understand the accounting policies that might be applied under IFRS. It is also designed to assist audit committees in fulfilling their oversight responsibilities in relation to the conversion from Canadian GAAP to IFRS. With a specific focus on the Canadian upstream oil and gas industry, the course will cover areas of concern to audit committees, including significant differences between Canadian GAAP and IFRS, accounting policy choices available under IFRS and other decisions required when adopting IFRS. Although this course has been specifically developed for audit committee members, it would also be of benefit to other directors, executives, senior operations personnel, internal auditors, investor relations personnel, corporate secretaries and in-house legal counsel. [hide]

1857: Grant Thornton IFRS for Audit Committees - Mining (half-day)
The fundamental purpose of an audit committee is to oversee the integrity of annual and interim financial reporting. In accordance with NI 52-110, audit committee members must be financially literate, which means they are able to read and understand ... [read more]

1857: Grant Thornton IFRS for Audit Committees - Mining (half-day)
The fundamental purpose of an audit committee is to oversee the integrity of annual and interim financial reporting. In accordance with NI 52-110, audit committee members must be financially literate, which means they are able to read and understand the company’s financial statements. Venture issuers are exempt from these requirements but are still required to disclose whether each audit committee member is financially literate. This half-day workshop is designed to assist audit committee members in meeting the financial literacy requirements of NI 52-110 by helping them to understand the accounting policies that might be applied under IFRS. It is also designed to assist audit committees in fulfilling their oversight responsibilities in relation to the conversion from Canadian GAAP to IFRS. With a specific focus on the Canadian mining industry, the course will cover areas of concern to audit committees, including significant differences between Canadian GAAP and IFRS, accounting policy choices available under IFRS and other decisions required when adopting IFRS. Although this course has been specifically developed for audit committee members, it would also be of benefit to other directors, executives, senior operations personnel, internal auditors, investor relations personnel, corporate secretaries and in-house legal counsel. [hide]

5625: Normas Internacionales de Contabilidad (NIIF) para el Sector de Energéticos (Petróleo y Gas) (3 días)
Este curso de tres días se enfoca a los requisitos de contabilidad e información financiera aplicables a la industria internacional de energía de gas y petrolera. Los temas del curso se cubren mediante material escrito, ejemplos de la práctica e ilus... [read more]

5625: Normas Internacionales de Contabilidad (NIIF) para el Sector de Energéticos (Petróleo y Gas) (3 días)
Este curso de tres días se enfoca a los requisitos de contabilidad e información financiera aplicables a la industria internacional de energía de gas y petrolera. Los temas del curso se cubren mediante material escrito, ejemplos de la práctica e ilustraciones tomadas de reportes financieros publicados por empresas, e incluye los tópicos siguientes: Características especiales de la industria petrolera y de energía de gas | Resumen de los aspectos contables relacionados con la industria | El proyecto de industrias extractivas del IASB | Exploración y Evaluación (NIIF 6 Exploración para y Evaluación de Recursos Minerales, contabilidad de costo total, contabilidad de esfuerzos exitosos) | Propiedades, planta y equipo | Demérito de Activos | Costos de terminación o abandono y restauración del sitio | Coinversiones de participación conjunta | Acuerdos para compartir la producción, incluyendo aspectos de contabilidad interna y reportes de información externa | Reservas y otras revelaciones de información | Contabilidad de coberturas de Riesgo | Selección y enmienda de políticas contables | Comparación entre NIIFs y US GAAP | Ejemplos de clase y casos para discusión. [hide]

6605: IFRS pour le secteur minier et industries extractives (2 jours)
Cette formation de deux jours s’intéresse aux exigences comptables et d’information spécifiques applicables aux industries extractives (pétrolières, gazières et du secteur minier). Les sujets, présentés grâce à des exemples pratiques ainsi que des ét... [read more]

6605: IFRS pour le secteur minier et industries extractives (2 jours)
Cette formation de deux jours s’intéresse aux exigences comptables et d’information spécifiques applicables aux industries extractives (pétrolières, gazières et du secteur minier). Les sujets, présentés grâce à des exemples pratiques ainsi que des états financiers explicatifs, comprennent : Norme IFRS 6 relative à la prospection et à l’évaluation de ressources minérales | Éléments du coût des actifs au titre de la prospection et de l’évaluation | Évaluation initiale et ultérieure des actifs au titre de la prospection et de l’évaluation | Changements de méthode comptable | Classification des actifs en tant qu’immobilisations corporelles ou incorporelles | Obligations relatives aux informations à fournir | Dispositions transitoires | IAS 16 Immobilisations corporelles | Dispositions relatives aux coûts de démantèlement et de remise en état | IAS 36 Dépréciation d’actifs | IAS 38 Immobilisations incorporelles | Règles de dépréciation et d’amortissement | Mise à jour du projet de l’IASB pour les industries extractives | Aperçu des orientations US GAAP pour les industries extractives | Comptabilité de couverture | Exemples pratiques et états financiers explicatifs. [hide]