Finance and TreasuryJoint Venture Accounting and Cash Calls
Joint ventures split cost and revenue between parties who each audit the other, which makes the accounting a commercial relationship rather than a bookkeeping exercise. This course covers running it. Delegates work through the joint operating agreement and the accounting procedure attached to it, the cost categories and how each is charged, and the cash call cycle including forecasting, calling and reconciling. Billing statements and their preparation are covered in detail. Joint venture audit is addressed from both sides, along with the disputes that commonly arise over overhead allocation and affiliate charges. The course closes on partner default and its consequences.
Course objectives
- Read a joint operating agreement and its accounting procedure
- Classify and charge costs correctly between the parties
- Forecast, issue and reconcile cash calls
- Prepare and review billing statements
- Conduct and respond to a joint venture audit
- Resolve disputes over overhead allocation and affiliate charges
- Handle partner default and its consequences
Who should attend
- Joint venture accountants and analysts
- Finance staff in oil, gas and mining ventures
- Auditors covering joint operations
- Commercial and contracts staff
- Non operator representatives
Course outline
- 01The joint operating agreement and accounting procedure
- 02Cost categories and charging
- 03Cash call forecasting and issue
- 04Cash call reconciliation
- 05Billing statements
- 06Joint venture audit from both sides
- 07Overhead and affiliate charge disputes
- 08Partner default
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 2 to 6 November 2026 | Online | Online | R8,500 per delegate | Register Now |
| 18 to 22 January 2027 | Kigali, Rwanda | Classroom | USD 1,325 per delegate | Register Now |
| 25 to 29 January 2027 | Durban, South Africa | Classroom | R19,950 per delegate | Register Now |
| 8 to 12 February 2027 | Windhoek, Namibia | Classroom | R19,950 per delegate | Register Now |