An Interactive 10-Day Training Course
QMS Audit and IFRS for Oil & Gas Industry
The Complete Guide to Auditing both Quality Management & Financial Standards in Oil & Gas
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| Date | Venue | Fees | |
|---|---|---|---|
| 27 Jul - 07 Aug 2026 | Dubai - UAE | $ 11,900 | |
| 02 - 13 Nov 2026 | Dubai - UAE | $ 11,900 | |
| 14 - 25 Dec 2026 | London - UK | $ 11,900 | |
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Online Schedule
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| Date | Venue | Fees | |
| 02 - 13 Nov 2026 | Online | $ 7,900 | |
Today, in the oil and gas industry there is an increased need for performance measurement, auditing, and reporting that integrates quality, environmental, and health and safety considerations with financial accountability. This training course develops an essential understanding of oil and gas accounting, reporting, performance measurement issues, and practice while providing a detailed understanding of how to undertake system audits of both supplier companies and the learner’s own organisation. The QMS Audit and IFRS for Oil & Gas Industry training course emphasises audit results that assist organisations in improving performance across quality, environment, and safety domains and enhancing profitability.
Participants will explore how auditing quality management systems and interpreting financial reporting standards can strengthen organisational decision-making, regulatory compliance, and performance measurement in complex upstream, midstream, and downstream operations. The training course combines practical audit planning, reporting techniques, and industry-specific IFRS application to equip professionals with the tools to drive continuous improvement and sustain competitive advantage. The QMS Audit and IFRS for Oil & Gas Industry training course is designed for professionals seeking to integrate quality auditing with financial reporting excellence in the oil & gas context.
From this QMS Audit and IFRS for Oil & Gas Industry training course, participants will develop the following key skills and competencies:
This training course is split into the following modules:
Module I - Auditing Oil & Gas Industry Quality Management Systems
Module II - IFRS for the Oil & Gas and Petrochemical Sectors (Upstream, Midstream & Downstream)
At the end of QMS Audit and IFRS for Oil & Gas Industry training course, you will learn to:
Learning develops through structured exploration of quality audits, performance measurement, and financial reporting standards tailored to the oil and gas sector. Participants engage with practical scenarios, discussions, and case studies that reinforce audit concepts, IFRS applications, and performance evaluation techniques. Emphasis is placed on translating conceptual insights into practical skills that support improved compliance, performance measurement, and decision-making within organisational contexts.
This training course supports professionals engaged in auditing, financial reporting, and performance measurement within the oil and gas industry.
This QMS Audit and IFRS for Oil & Gas Industry training course is suitable to a wide range of professionals but will greatly benefit:
This day examines the major accounting challenges facing the oil & gas industry and the strategic importance of IFRS adoption. Participants explore sustainability disclosure standards, IFRS 18 developments and the impact of economic and geopolitical factors on reporting. The topics covered will include:
This day focuses on asset recognition, valuation and impairment in oil & gas operations. It covers key IFRS standards relevant to exploration, production and reserve reporting. The topics covered will include:
This day addresses complex group structures, consolidation and joint arrangements common in the sector. It also explores production sharing agreements and profit allocation mechanisms. The topics covered will include:
This day examines treasury management, derivatives and financial instrument disclosures. Participants evaluate risk management practices and cash flow reporting in multinational oil & gas companies. The topics covered will include:
This day explores ethical reporting, governance frameworks and audit responsibilities within the oil & gas sector. It highlights the importance of transparency, board oversight and internal controls. The topics covered will include:
Delivering this in-house training course enables organisations to align audit and financial reporting excellence with internal quality systems, risk management frameworks, and sector-specific compliance needs. Customisation ensures learning is applied directly to organisational processes and challenges within the oil and gas environment.
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 QMS Audit and IFRS for Oil & 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.
