Dates:
23 June 2015 — Calgary
Early bird deadline: 23 May 2015, 11:59 p.m. (MT)
23-24 June 2015 — Calgary (2-Day Suite)
Early bird deadline: 23 May 2015, 11:59 p.m. (MT)
Venue: Please refer to the calendar.
Fee:
$945 + GST
$1695 + GST for 2-day Financial Literacy & Risk Management
Early bird fee:
$895 + GST
$1595 + GST for 2-day Financial Literacy & Risk Management
Early bird discount applies if registered by indicated deadline.
Further discounts apply for more than 1 registrant.
Course Contact: If you have any questions about this course, e-mailor phone 403-457-0260.
Overview and Description
The focus of the one-day Financial Literacy for the Energy Industry course is on understanding the design, construction and interpretation of financial statements. Using a round-table discussion format, the facilitator — energy industry veteran Steve Yallouz — will review the essential elements of the key financial reports of a Canadian energy company.
I. Introduction and Background
- Energy Industry Characteristics
- Financial Characteristics
II. The Primary Tools
- Income Statement
- Balance Sheet
- Cash Flow Statement
III. Financial Ratios (Pros and Cons): their uses and limitations
IV. Impacts on Accounting (Successful Efforts vs Full Cost)
V. IFRS vs GAPP methods
VI. Use of Depreciation
VII. Impacts on Valuation and the Audit Opinion
By the end of the day, participants in the Energy Industry Financial Literacy course will be able to read financial statements, understand how they are constructed, and be able to communicate with energy industry financial professionals in an informed manner.