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Accounting and Finance for Energy |
Energy Finance and Economic Analysis
Dr. Betty J. Simkins — The Williams Companies Professor of Business and Department Head of Finance in the Spears School of Business at Oklahoma State University
In this two-day seminar, you will learn about the energy industry and be better prepared to understand and handle decision-making using leading tools and techniques. The primary focus of the seminar is on the oil and gas industry. You will gain a working vocabulary of industry-related concepts and terminology. The seminar content will be based on lectures and case studies. The seminar will prepare you for interaction with financial professionals in the energy industry. We will analyze several case studies about actual companies operating in the energy industry. Case studies are unusual in that for some situations, there may be no fixed right or wrong answers. An answer that can be justified based on sound assumptions and factual information can be viewed as correct. A supposedly right answer that is not justified or backed up might as well be wrong. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 1.2 continuing education units (CEUs) upon completion of the seminar. » KORN FERRY COMPETENCIES Decision quality | Drives vision and purpose | Ensures accountability | Financial acumen | Instills trust | Manages complexity | Optimizes work processes | Organizational savvy
SEMINAR OUTLINE
I. Introduction to the oil and gas industry II. Outlook for energy: A view to 2030 III. Key economic issues IV. Accounting standards for oil and gas V. Analyzing petroleum company financial statements A. Basic financial statements B. Computing energy reserve replacement ratios
VI. Competitive comparisons and benchmarking VII. Capital budgeting and risk analysis in the oil and gas industry VIII. Relative valuation of an IPO and an acquisition
C. Computing energy cost ratios D. Understanding SEC and FASB disclosures and how they impact analysis
The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.
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