QMS Audit and IFRS for Oil & Gas Industry Course Overview

A QMS Audit in the context of the Oil & Gas industry entails a systematic examination of the industry's Quality Management System to ensure compliance with international standards (such as ISO 9001) aimed at enhancing product quality and customer satisfaction. The audit ensures that the processes in place are adequate, properly implemented, and effective in managing and improving quality.
IFRS for Oil & Gas Industry certification relates to the application of International Financial Reporting Standards, which are global accounting standards providing guidance on how to report financial events specifically in the Oil & Gas industry. These standards ensure transparency, accountability, and efficiency of financial reporting in the sector, helping investors, regulators, and other stakeholders to compare financial performance consistently across international boundaries.