International Accounting Development: Oil and Gas
Advanced International Program in Oil and Gas Financial Management
The University of Texas at Dallas, through its Center for International Accounting Development, sponsors this intensive three–week advanced international program in oil and gas financial management. It is designed for experienced personnel concerned with the financial accounting aspects of oil and gas operations.This non degree program gives participants an improved understanding of accounting and financial issues pertaining to oil and gas operations. It addresses a number of related economic, legal, taxation, budgeting, planning, auditing, information system, managerial and strategic planning issues.
Participants are drawn from middle– and upper–level personnel in countries other than the US working, for example, in privately or government owned oil and gas companies, government or private agencies involved with these operations, and accounting and consulting firms. The variety of backgrounds and countries represented in each class helps participants gain insight into comparative oil and gas operations and to exchange experiences by function and area. The instructors for this program include highly qualified professionals in consulting and accounting firms, and members of the academic community. Instruction is at a professional level, and each instructor provides course materials for participants use. Extensive reliance is placed on examples, problems and case materials. The exchange of experience and ideas among participants from a variety of oil producing countries is a major component of this program.
The Center for International Accounting Development was created by The University of Texas at Dallas in 1976 in response to the growing needs of international, private and public entities for research, training and development in the area of international financial management. The Center emphasizes the dissemination, research, and development of accounting education, training, and practices for Transition and Developing economies.
The program starts with an afternoon session on Sunday May 5, 2013 and finishes with a luncheon on Saturday May 25, 2013. Participants need to arrive no later than the morning of the opening session and be present at the closing luncheon. Faithful attendance is one of the requirements to receive a program certificate. Please schedule return flights after the closing luncheon. The 2013 program starts May 5 and runs through May 25.
Classes begin each morning, Monday through Friday, at 8:30 a.m.. There are two 15-minute coffee breaks daily at mid morning and mid afternoon. Lunch is 11:45 am to 1 pm and classes end at 4 pm except on Fridays when review sessions are held from 4 to 4:30 pm These review sessions outline the next week’s study material.
Classes are held on the campus of The University of Texas at Dallas Naveen Jindal School of Management, off Campbell Road, about three miles west of the Radisson Hotel Richardson. Transportation to and from classes is provided at no charge for participants staying at the Radisson Hotel. Buses leave the Radisson Hotel promptly at 8 am and return to the hotel at the conclusion of each day’s program.
Certificates are awarded to those who successfully participate in the program. Program requirements are:
The program attempts to purchase health insurance for participants. There are limits to this insurance, however, and it does not cover any preexisting conditions. In addition, it is only effective during the time of the program.
Eligibility to Apply
Applicants should have a fundamental understanding of accounting, be proficient in the English language, and be employed in activities directly or indirectly associated with oil and gas operations. Although an academic degree is desirable, it is not required as long as applicants have gained adequate knowledge and/or experience to enable them to follow the program in international oil and gas financial management. The applicant’s background and exposure at a senior level may be of more significance than academic degrees.
All applicants must be able to take part in the educational activities of the program. (If you are a person with a disability and need a special accommodation to attend this program, please contact the Program Registrar by April 15, 2013.). It is presumed that each applicant has no disabilities that would prevent him/her from active participation. All applications should be received by April 15, 2013.
Admission to the program is based on applicant’s work experience, education, and English language proficiency without regard to applicants’ race, sex, color, religion, national or ethnic origin, ancestry, age or handicap. Enrollment may be limited, and the admissions committee reserves the right to reject any applicant without statement of reason.
ApplicationsApplications must include a letter, written in English, and supported by the following:
- Biography and resume, including job title, business address, phone and fax numbers and email addresses
- Recent photograph
- Certified transcript of college/university including grades/marks and/or certification the applicant is qualified to attend the program
- Statement of English proficiency
- Two letters of recommendation in English, focusing on the applicants’ qualifications in their home countries and addressing how participation in the Advanced International Program in Oil and Gas Financial Management will impact applicant’s careers.
Please mail application letters and supporting documents to:
Ms. Donna P. Nix
Program Registrar and Administrator
Naveen Jindal School of Management SM 22
The Center for International Accounting Development
Advanced International Program in Oil and Gas Financial Management
The University of Texas at Dallas
800 W. Campbell Road
Richardson, TX 75080 USA
Applications may be sent by fax: (972) 883-2192 or Email.
When communicating please include a return address, fax and telephone numbers (with area code and country code) and an email address (if available). Please note: Application and participation are not considered final until all documents have been received.
Participants should apply to the US consulate for a Visitor’s Visa (B-1 Classification). Please note: Due to new restrictions it can take 60-90 days for visa applications to be processed. Check with the US consulate in your area for the exact requirements. Please apply early.
TuitionTuition for the three week program is $6,800 (US) for the first registrant and, to encourage team attendance, $6,500 (US) for each additional registration from the same organization. Tuition includes the cost of instruction and extensive course materials. It does not include living or travel expenses. Tuition is payable by April 20, 2013. (If tuition is received after this date, some course materials may not be available when the course begins). Payment must be made via bank draft (check) or wire transfer. No Credit Card Payments are accepted. No scholarships or fellowships are offered. However, since the program’s sponsoring institution is a US tax-exempt organization, the program can be the recipient of gifts to cover participant’s attendance and fees.
CancellationTuition, less a $100 handling charge for each registration, will be refunded upon written cancellation.
Room and BoardAccommodations will be at the DoubleTree Hotel in Richardson, TX for May 5-May 25, 2013. The hotel is convenient to shopping, restaurant, banking, and sports facilities. Single occupancy room rate is $79 per day, plus tax (currently 13% and is subject to change). These rates apply to a three week stay (duration of the program). Higher rates apply for stays of less than three weeks.
MealsProgram participants will receive a free buffet breakfast at the DoubleTree hotel (coupons will be given to participants upon check-in). Lunch is available at the UT Dallas cafeteria on campus and costs approximately $5-$7 (US currency). Evening meals can be secured in the area or at the hotel at a variance of expense (average $8 to $25).
Materials ShipmentRegistrants are advised to include a sum in their budgets for shipping course materials home. All materials are given in hard copy format and may weigh up to 40 pounds. The cost of shipment by air usually runs between $500-$600 depending on distance and carrier.
The Planning and Advisory Committee evaluates the most recent program based on feedback from participants and faculty. Committee members approve the next year’s program, give opinions about the suitability of candidates applying to the program, comment on issues relating to oil and gas operations, give insights on other issues relevant to programs in oil and gas financial management, assess doing programs outside the U.S. and evaluate comparable programs.Chad Libertus, Partner, International Corporate Services, KPMG
Andrew B. Derman, Senior Partner, International Energy Practice Group, Thompson & Knight
Peter D. Gaffney, Senior Partner, Gaffney, Cline & Associates
Kevin Green, Partner, Ernst & Young
Jonathan H. Mullins, Partner, PricewaterhouseCoopers
Mark E. Nicholls, Managing Director, Imagine Consulting
Dan A. Odom, Partner, Deloitte and Touche