PSC ACCOUNTING AND TAXATION

Discussion of New Accounting Manual and Tax Impact

LDI Instructor

 
 
 

Course Objective

 
 

Providing in-depth insights about

  • PSC Philosophy of Integrated Financial Aspect

  • Conceptual and implementation of Production Sharing Contract

  • Fiscal Aspect of Oil and Gas Law Foundation

  • Fundamentals of Petroleum Accounting

  • Taxation and its Implications on the Field Development Economic Calculation

 
     
 

Discussion Areas

 

Who Should Attend

 
 
  • PSC Framework
  • New Accounting Manual – proposed and impact
  • Principals in Oil and Gas Exploration Agreement

  • Financial Aspect of Oil and Gas Law Foundation and Acquisition Process in Indonesia

  • Petroleum Taxation
  • Financial Economic Case

 
  • Accountants

  • Lawyers

  • Financial analysts and planners

  • Company executives

  • Consultants

  • Economists

  • Engineering managers

  • Exploration managers

 
     
 

COURSE CONTENT

 
 

Petroleum Operation Investment Consideration

- Petroleum operation - Project base consideration

- Economic consideration of exploration

- Cost management and control of project  development

- Risk and investment assessment

 

Principals in Oil and Natural Gas Exploration Agreement

- Land Acquisition

- Control mechanism of host country operation

- Mineral Right ownership

 

Production Sharing Contracts

- The Philosophy and Basic Principals

- First Tranche Petroleum

- Investment Credit

- Cost Recovery: the truth

- Domestic Market Obligation

- Management Control

- Accounting Procedure implementation and problem

- Work Agreement Contract

- Technical Assistance Contract (TAC), JOB & KSO

- Organization & Joint Operating Agreement

 

New Accounting Manual

- What and why

- Detail items: the next generation

- Problem solving: implementation

- Impact to PSC signing before and after GR 79

- The complexity – anticipating the problems

 

Comparison of Accounting Methods

- IFR 6 and PSAK 64

- Successful Effort

- Full Costing

 

Oil and Gas Mining Taxation

- Fundamentals oil and gas tax issues

- Tax treaty: what is the background?

- VAT of sharing facilities

- Land and Building Tax Vs Earth and Building Tax

 

Case Study: PSC calculation

 

 

 

 

 

REGISTRATION FORM

 

ENROLLMENT INFORMATION

 
 

YES !!!

Please Register the Following Delegate to Attend

 

PSC ACCOUNTING AND TAXATION

 

Mr./Mrs./Ms.: ..................................................

Position : .........................................................

Company : ......................................................

Mailing Address : ...........................................

.........................................................................

.........................................................................

Phone : .............. Ext.: .......... Fax. : ...............

Handphone : ............... E-mail : .....................

Approving Manager's Name : .......................

E-mail : ...........................................................

 

METHOD OF PAYMENT

Please complete the following payment details:

Telegraphic transfer - Please make payment in Rp. to the following account : (Please instruct your bank to remit all local & overseas bank charges to your bank account)

P.T. LOKA DATAMAS INDAH

Bank account 314-3000328

PT. Bank UOB Buana Tbk.

Cab. Harmoni

Jl. Gajah Mada No. 1A

Jakarta 10130 - Indonesia

 

PHONE

(62)(21) 632 6911, or (62)(21) 631 3556

 

MAIL

P.T. LOKA DATAMAS INDAH

Harmoni Plaza Blok B-16

Jalan Suryopranoto No. 2

Jakarta - Indonesia

 

FAX

(62)(21) 630 5074 or (62)(21) 633 0212

 

E-MAIL

Lditrain@indo.net.id

 

HOMEPAGE

www.Lditraining.com

 

 

Hotel accommodation is not

included in the course fee.

 

 

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