About Course

The Gain and Loss Management (Product Accounting) course is designed to provide professionals in the oil and gas sector with the knowledge and tools needed to effectively track, analyze, and report product movements across the supply chain. The course covers the principles of product accounting, reconciliation of physical and book inventories, identification of variances, and strategies for managing and minimizing operational losses and gains. It is ideal for terminal operators, accountants, pipeline controllers, and inventory analysts involved in custody transfer, bulk storage, and product movement. 

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What Will You Learn?

  • Perform accurate product accounting and generate reliable reports
  • Investigate and resolve discrepancies in product volumes
  • Apply analytical methods to detect abnormal gains or losses
  • Implement preventive measures to reduce operational variances
  • Align gain/loss tracking with regulatory and audit requirements
  • Support financial integrity and operational efficiency in oil and gas logistics

Course Content

Certification

  • Upon completion of the course, MIOG-NP will issue a certificate of participation