The Oil and Gas Accounting course will give you the opportunity to achieve good appreciation of oil and gas on the environment and attempts to mitigate those impacts; basic knowledge of the petroleum industry for the purpose of understanding the terminology and processes used in accounting for oil and gas; understanding of the accounting, using international financial reporting standards as they apply to reporting to investors and external users; basic knowledge of income tax rules as they apply specifically to the oil and gas industry; understanding and management of oil price risk using various tools; explanation and accounting for various forms of oil and gas contracts; making disclosures required in oil and gas industry; understanding of topical issues in oil and gas accounting.