IFRS for Oil and Gas, Application of Key Standards and Update

IFRS for Oil and Gas, Application of Key Standards and Update - Event details   05/11/2010 - 05/13/2010 RADISSON BLU HOTEL, DUBAI DEIRA CREEK, Dubai, UNITED ARAB EMIRATES   Description This three-day course focuses on the application of IFRS to the oil and gas industry. It looks at the core IFRS standards, illustrating their application by reference to oil and gas case studies and looks at those standards which specifically apply to oil and gas activities and how they are being implemented by the sector. The course will look at those areas which have led to the greatest impact on results or workload in converting from national GAAP to IFRS, areas which have given most concern to regulators and auditors and update you on recent and forthcoming developments. This workshop focuses on those areas of most concern to the oil and gas industry. It highlights the approach to take when setting accounting policies in the absence of specific guidance within IFRS, looks at the issues in applying standards to oil and gas transactions and the accounting choices available to companies in the sector. Specific areas treated include: - Property, plant and equipment - Intangibles and in particular exploration and evaluation activities - Oil and gas reserves - The challenges posed by impairment reviews - Provisions, particularly decommissioning costs - Joint venture and production sharing agreements - Financial instruments and application of hedge accounting treatments. IFRS is constantly evolving, and the course is kept up to date with the latest Standards and Interpretations and includes sections that look at proposed and forthcoming developments. Category Energy Finance Seminars & Workshops More details (event webpage):  www.neo-edge.com Apply for event:  Event language:  English Contact info:  Hayat Phone: +65 6557 9186 Fax: +65 6223 5186 Email: hayat@neo-edge.com

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