An Interactive 5-Day Training Course
Fundamentals of Joint Venture Accounting in the Oil and Gas Industry
Improve Your Way & Knowledge in Joint Venture Accounting
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| Date | Venue | Fees | |
|---|---|---|---|
| 13 - 17 Jul 2026 | Singapore City - Singapore | $ 5,950 | |
| 27 - 31 Jul 2026 | London - UK | $ 5,950 | |
| 24 - 28 Aug 2026 | Dubai - UAE | $ 5,950 | |
| 30 Nov - 04 Dec 2026 | Singapore City - Singapore | $ 5,950 | |
| 07 - 11 Dec 2026 | Dubai - UAE | $ 5,950 | |
| 18 - 22 Jan 2027 | Dubai - UAE | $ 5,950 |
This GLOMACS Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course is designed to develop the essential skills needed to prepare and evaluate joint venture accounts and enhance the organisation’s accounting function. It targets accounting professionals who wish to deepen their understanding of accounting procedures unique to joint ventures, including relationships between operators and non-operators, financing of joint operations, and reporting of joint costs. The training course highlights practical application of accounting principles and standards especially relevant to upstream oil and gas activities.
Participants explore major accounting methods, joint operating agreement clauses, and differences in accounting treatments for IFRS reporting and cost recovery purposes. Over five days, the training reinforces industry-specific practices and equips delegates with tools to handle complex accounting challenges in joint ventures effectively. The Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course supports professionals in strengthening accuracy, reliability, and performance of financial reporting within joint venture operations.
From this Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course, participants will develop the following key skills and competencies:
At the end of Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course, you will learn to:
Participants will develop understanding through structured exploration of joint venture accounting methods, practical examples, and real-world scenarios drawn from the oil and gas industry. Emphasis is placed on interpreting key accounting standards and applying them within the context of joint ventures. Practical discussions, worked examples, and interactive participation support the translation of knowledge into applied accounting practice.
This training course is designed for accounting and finance professionals seeking deeper expertise in joint venture accounting within the oil and gas sector.
This Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course is suitable to a wide range of professionals but will greatly benefit:
This day provides a foundation in oil and gas accounting principles and how they apply to joint venture contexts. Participants explore industry features, standard practices, and key financial differences. The topics covered will include:
This day explains the structure, characteristics, and various forms of joint ventures. Participants examine typical contractual provisions and organisational relationships. The topics covered will include:
This day focuses on accounting methods and treatments for joint ventures, including consolidation, equity approaches, and tax-related issues. The topics covered will include:
This day applies joint venture accounting principles through practical examples. Participants learn reporting techniques and procedures for contributed property, expenditures, and audits. The topics covered will include:
This day addresses key accounting challenges within joint venture operations and relevant standards like IFRS 11 and IAS 28. Participants explore cost allocation and regulatory reporting. The topics covered will include:
Delivering this training course in-house enables organisations to tailor joint venture accounting principles to their specific operational context and reporting practices. Customisation ensures alignment with internal accounting frameworks, regulatory obligations, and industry challenges, enhancing financial accuracy, compliance, and strategic insight across joint venture operations.
Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.
Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.
Official Saudi Arabian division of GLOMACS with established global credibility.
Internationally benchmarked training courses aligned with professional best practices.
Trusted by professionals and institutions across public and private sectors.
Training courses delivered within Saudi Arabia and across international locations.
Organisations & Professionals in KSA will have the following additional benefits from this Fundamentals of Joint Venture Accounting in the Oil and Gas Industry training course:
No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.
No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.
No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.
Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.
Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.
For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars
If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.
For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa
Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.
GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.
Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.
Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.
Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.
Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.
Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.
