Training Syllabus:

COST CONTROL AND FINANCIAL REPORTING

OF THE UPSTREAM OPERATION OF OIL AND GAS UNDER INDONESIA PSC

 

DESCRIPTION :

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 :

1.    General

         Petroleum Accounting principles

         Indonesian PSC Accounting

2.    Cost Classification

         Acquisition cost

         Exploration cost

         Development cost

         Production cost

         Administration and General cost

3.    Capital and Non Capital Cost

         Definition

         Capital Budgeting

         Depreciation

4.    Authorization for Expenditures

         Why need AFE?

         Project vs. Non-Project

         AFE revision, and supplement

         AFE control and report

5.    Accruals

         Concept and theory

         How to control and calculate the number to be accrued

6.    Expense Performance Report

         Preparation of report

         Analysis and adjustment

7.    Operating Costs

         Definition

         Method of calculation

8.    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 :

1. 08 Jan 2018-10 Jan 2018

2. 26 Feb 2018-28 Feb 2018

3. 26 Mar 2018-28 Mar 2018

4. 23 Apr 2018-25 Apr 2018

5. 02 May 2018-04 May 2018

6. 25 Jun 2018-27 Jun 2018

7. 23 Jul 2018-25 Jul 2018

8. 13 Aug 2018-15 Aug 2018

9. 24 Sep 2018-26 Sep 2018

10. 08 Oct 2018-10 Oct 2018

11. 26 Nov 2018-28 Nov 2018

12. 26 Dec 2018-28 Dec 2018

 

 

INVESTMENT/ PERSON :

        1.    Rp. 5.950.000/person (full fare) or

        2.    Rp. 5.750.000/person (early bird, payment 1 week before training) or

        3.    Rp. 5.500.000/person (if there are 3 persons or more from the same company)

 

FACILITIES FOR PARTICIPANTS :

1.    Training Module

2.    Flash Disk contains training material

3.    Certificate

4.    Stationeries: NoteBook and Ballpoint

5.    T-Shirt

6.    Backpack

7.    Training Photo

8.    Training room with Full AC facilities and multimedia

9.    Lunch and twice coffeebreak every day of training

10. Qualified Instructor

11. Transportation for participants from hotel of participants to/from hotel of training VV (if minimal participants is 4 persons from the same company)