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What you'll be able to do (official learning outcomes)
compute accounting for petroleum industry with emphasis on downstream and upstream activities
explain practices and procedures relating to various phases of oil and gas operations
compute accounting for crude oil refining, petro-chemical operations and liquefied Natural gas
define the concept of fair value in oil and gas accounting; and
describe the operating contract in the petroleum industry e.g. joint venture, production sharing contract and service contract
Course contents
Nigeria Petroleum Industry. The differences between the downstream and upstream sectors of the industry. An overview of downstream operations in Nigeria. Accounting principles, Practices and Procedures relating to various phases of oil and gas operations.
Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study TAX 416.