The Joint Venture Audit Strategy and Execution Training Program at Imperial Corporate Training Institute is intended for anyone working in oil & gas joint ventures and focuses on how to develop a successful audit strategy specifically tailored to the unique requirements of joint-venture agreements. The course provides an understanding of compliance risk management as well as best practices for achieving an effective audit strategy that maximizes overall operational efficiency. We will review and explore the key components of audit strategy preparation, development and execution including both financial and operational audit processes.
The course will combine both the theoretical and practical approaches to utilizing audit frameworks in managing the complexities associated with oil & gas joint ventures. Participants will gain the knowledge necessary to complete detailed audit evaluations, recognize deficiencies and perform thorough audits. With this well-rounded approach to their training, participants will have the ability to connect audit results back to their organization’s goals while enhancing the governance practices of their organization as a participant in the joint venture.
Objectives
Attendees will be able to:
- Create a structured audit strategy that is focused specifically on oil and gas joint ventures.
- Participate in the performance of joint venture audits for financial, operational, and compliance purposes.
- Understand how to find, evaluate, and alleviate risks within joint venture agreements.
- Utilize the best practices for reporting results from audits and presenting recommendations for action to all stakeholders.
- Strengthen the ability to make informed decisions based on the results of audits and performance assessments.
- Develop an understanding of how to integrate audit procedures with corporate governance and compliance requirements.
Target Audience
- Financial controllers/auditors who work with oil and gas joint ventures.
- Compliance and risk professionals.
- Project managers and operations leaders responsible for joint venture agreements.
- Legal and corporate governance professionals in the energy industry.
- Individuals who are interested in developing a deeper practical understanding of audit strategy and execution in connection with oil and gas operations.