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 Indonesia

Cab. Ir. H. Juanda
Jl. IR. H. Juanda no. 15
Kel. Kebon Kelapa
Kec. Gambir
Jakarta Pusat
 

 

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