Course in financial accounting in oil and gas companies provides the participants with the enough experience of management accounting issues petroleum ,oil extraction and natural gas companies.
Financial accounting is one accountancy branches, concerning with historical and accounting information about the financial or performance situation or income statement and cash flow according to accounting measures.
Origins of accounting were taken from Pharaoh and Roman civilizations. Accounting is a record and book-keeping. In the ancient ages, the rich authorized some individuals to manage their agricultural and economic materials, provided that the individuals recoded imports and expenses and issued bill, declaring how to manage these materials. The invention of Arabs for the little number is mark of developing accountancy via ages. Generally, the accountancy objectives are to provide the enough financial information.
The increased environmental contamination generally and the oil contamination particularly constitute a concern for the contemporary society as the problem of environmental damages and its aggravation are hindering the economic development. In addition, the oil is one of the most dangerous and significant sectors that effecting the environment. And it's well known that one gallon of oils leakage in the water can cause contamination of million gallon of water, and it's hard to be controlled. In this regard, it's considered a problem in itself. Therefore, it's necessary to work on providing protection methods in the oil facilities.
Risk management is a process of risk Identification, Measurement, & Assessment, beside the development of strategies for management and reduction of prospective damages. These strategies include risk transfer, prevention, minimization of adverse impacts, and finally the absorption methods of some or all of the obligatory consequences. It can also be defined as Management Activities aimed at controlling risk and exerting maximum efforts and potential to reduce any risks to the acceptable levels.
This course is provided for anyone who wants to acquire significant skills in warehouse and warehouse management, to learn the secrets of logistics in institutions and companies, and to develop the reality of logistics work in enterprises. Supply Chains are networks of independent or semi-autonomous business entities that are jointly responsible for the needs insurance, manufacturing and distribution activities of one or more interrelated products, and can also be defined as a sequence of Delivery of a commodity or service, and start main raw materials and ends with the final customer.