Finance for Non-Finance Professionals in the Oil and Gas Industry
| Start Date | End Date | Venue | Fees (US $) | ||
|---|---|---|---|---|---|
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 25 Jan 2026 | 29 Jan 2026 | Dubai, UAE | $ 3,900 | Register |
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 28 Jun 2026 | 02 Jul 2026 | Jeddah, KSA | $ 4,500 | Register |
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 04 Oct 2026 | 08 Oct 2026 | Istanbul, Turkey | $ 4,500 | Register |
Finance for Non-Finance Professionals in the Oil and Gas Industry
| Start Date | End Date | Venue | Fees (US $) | |
|---|---|---|---|---|
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 25 Jan 2026 | 29 Jan 2026 | Dubai, UAE | $ 3,900 |
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 28 Jun 2026 | 02 Jul 2026 | Jeddah, KSA | $ 4,500 |
| Finance for Non-Finance Professionals in the Oil and Gas Industry | 04 Oct 2026 | 08 Oct 2026 | Istanbul, Turkey | $ 4,500 |
Introduction
Financial skills and knowledge are vital for all managers in all organizations. A more challenging business and economic climate and an increase in the financial delegation are making this even more so. Many senior professionals miss formal training in finance and often feel uncomfortable when discussing financial matters with their peers and financial professionals. This interactive and engaging course addresses these important issues for established managers and gives “fast track” learning for young professionals early in their careers. The training course introduces crucial theory but primarily focuses on real-life problems and applications to build practical understanding and use of this essential subject
Key areas covered in this training course include:
- Reading, interpreting, and using financial statements (internal and external)
- Improving business cases and decision making
- Costing and presenting plans and proposals
- Working more effectively with budgets
- Delivering improved financial performance, profit & cash flow
Objectives
- Read and interpret financial statements
- Analyze business performance
- Contribute to cash and working capital management
- Build budgets and manage costs and budgets
- Present business cases and utilize financing techniques to improve decision making
At the end of this training course, delegates will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
This training course is suitable for a wide range of professionals but will greatly benefit:
- All Professionals with financial responsibility
- Young professional being introduced to business and finance
Course Outline
The Basics – Introduction to Financial Accounts
- Accounting Terminology
- Income Statement / Balance Sheet / Cash Flow
- Accrual basis accounting
- Published report and accounts
- Oil & Gas Accounting issues
- The cash conversion cycle
- Working capital management
Financial Analysis and Costing
- Profitability and gearing ratios
- Financial & Non-financial analysis
- The Balance Scorecard
- Analysis of Oil & Gas Companies
- Understanding and working with costs – oil & gas
- Plan for cost reduction and profit improvement
- Fixed and variable costs
Budgeting, Forecasting& Investment Appraisal
- The Budgeting Process - The role of budgeting
- Building a budget and managing a budget
- Better forecasts and forecasting
- Variance analysis
- Capital Budgeting
- Weighted Average Cost of Capital
- Present Value & Internal Rate of Return – method

