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JuniAsia FM08 2008 : Financial Modelling for Exploration & Production

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Link: http://www.juniasia.com/content/view/23/51/
 
When Aug 4, 2008 - Aug 6, 2008
Where The Park Hotel
Submission Deadline TBD
Categories    seminar   workshop   training   oil gas
 

Call For Papers

The lack of financial focus is one of the greatest threats to organisations in todayâ??s ever changing environment. Applying financial modeling techniques can help you overcome â??what ifâ?? scenarios and the complexity of devising your forecasts to make more meaningful strategic business decisions. Attend JuniAsia workshop on Financial Modelling for Oil and Gas that will introduce to the Excel users the additional programming capability in the context of building powerful, flexible, usable and macro-driven spreadsheet models. The seminar takes a "hands on" approach to learning corporate models within the oil and gas industry rather than focusing on the theory.

A great majority of Oil & Gas exploration, development and production activities in Asia Pacific are conducted in joint ventures. Companies within such ventures share risk, capital requirements and knowledge. Although co-venturers may, in a wider context, be in direct competition with each other, it is nevertheless in the interest of all parties that each individual venture is operated as effectively as possible. Just like you, the regionâ??s E&P industry is under immense pressure to propel its audit and governance model to newer levels of organisational profitability. Attend this course on Fundamentals of Audit and Exploration that will equip you with the tools and knowledge enabling you to be effective in your upcoming audit assignment.


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WHAT WILL YOU TAKE AWAY FROM THESE MODULES:
â?¢ Quantifying the uncertainty in forecasting models with risk analysis techniques
â?¢ Making wiser & more profitable business decisions using advanced financial modeling methods
â?¢ Understanding various aspects of financial management specific to the petroleum and petrochemical business
â?¢ Apply a structured methodology for conducting E&P internal and joint venture audits
â?¢ Implement the benefits of a multi-discipline team audit approach to internal and joint venture audits
â?¢ Overcome challenges in performing and evaluating internal controls and fieldwork techniques

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Who Should Attend?
This practical hands-on course is aimed at personnel at all levels and all disciplines who wish to develop a better understanding of finance and budgeting in order to become more effective in their jobs. Suggested attendees include:

managers and supervisors who wish to improve their understanding of financial reports and the use of financial information for strategic and day-to-day decision making
specialists in all disciplines who work with financial information
all personnel with budget responsibility
advisers who make recommendations based on financial data

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