In a bid to address the complex accounting requirements specific to the Oil & Gas, Power, Utility, and Mining industries, Shasat, a leading education provider, has unveiled a comprehensive two-day program on International Financial Reporting Standards (IFRS). This specialized course aims to equip professionals with the knowledge and skills necessary to navigate the intricacies of financial reporting within these sectors.
The Oil and Gas industry, integral to global economies, grapples with challenges like high capital costs, long project lead times, and substantial environmental impact. Shasat's program recognizes the importance of understanding how to evaluate commercial viability, technical feasibility, and mitigating environmental concerns within this industry.

Similarly, the mining sector, with its substantial capital investments and intricate processes, faces environmental challenges and geopolitical risks. The utility industry, providing essential services like electricity, natural gas, and water, is continually adapting to changing consumer demands and sustainability goals.
To effectively address the unique accounting demands of these industries, Shasat's program delves into critical IFRS standards such as IFRS 6 for Exploration and Evaluation of Mineral Resources, IAS 23 for Borrowing Costs, IFRS 15 for Revenue Recognition, IFRS 16 for Leases, IFRS 9 for Financial Instruments, and more. These standards play a pivotal role in ensuring accurate and transparent financial reporting, benefiting stakeholders across the Oil & Gas, Power, Utility, and Mining sectors.

The Upstream, Mid-Stream, and Down-Stream industries within the Oil & Gas sector face distinctive accounting challenges. From reserves and resources to revenue recognition and disclosure of reserves, Shasat's program covers a wide range of accounting topics tailored to industry-specific needs. The course ensures that professionals in these sectors are well-equipped to handle complex financial matters, including production-sharing agreements and concessions.

Shasat's two-day program is designed for professionals working in the Oil & Gas, Power, Utility, and Mining industries, including auditors and consultants. By participating, attendees will gain valuable insights into the latest accounting issues, challenges, and best practices. Furthermore, the program offers networking opportunities with industry experts and peers, fostering a collaborative learning environment.

Here is the schedule of upcoming programs by Shasat. However, we recommend you continue to visit Shasat's website for the most up-to-date program schedules.

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16001 | London: Oct. 17-18, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16003 | Abu Dhabi: Dec. 18-19, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16004 | Kuala Lumpur: Dec. 13-14, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16009 | Zurich: Oct. 23-24, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16010 | Singapore: Dec. 15-16, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16012 | New York City: Oct. 4-5, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16013 | Toronto: Nov. 1-2, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16014 | Sydney: Nov. 22-23, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16015 | Dubai: Nov.r 14-15, 2023

IFRS Training for Oil & Gas, Power, Utility, & Mining Companies | GID 16000 | Online | Available on Request

For more details and to enrol in Mastering IFRS for Oil & Gas, Power, Utility, and Mining Industries, please visit:
https://shasat.co.uk/product-category/mastering-ifrs-for-oil-gas-power-utility-and-mining-industries-2-days/

By enrolling in Shasat's IFRS course, participants will enhance their accounting skills, improve their understanding of industry-specific financial reporting requirements, and elevate their careers to new heights. Don't miss this opportunity to stay ahead in the dynamic world of financial reporting within the Oil & Gas, Power, Utility, and Mining sectors.

Shasat looks forward to welcoming professionals eager to enhance their expertise in IFRS for these essential industries.