The objective of this training is to provide participants with a comprehensive understanding of Production Sharing Contracts (PSC) in the context of accounting, budgeting, reporting, and taxation. By the end of the training, participants will be able to:
Understand the fundamental principles and components of PSCs
Apply accounting methods specific to PSCs
Develop and manage budgets within the PSC framework.
Prepare and analyze financial and operational reports.
Navigate the taxation landscape related to PSCs.
Comply with legal and regulatory requirements.