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CONTACT DETAILS
CEPMLP
The University of Dundee
Carnegie Building
Dundee DD1 4HN
CEPMLP Contact DetailsTelephone: +44 (0)1382 384300
Fax: +44 (0)1382 385854
Contact Email: a.m.johnson@dundee.ac.uk
Mr Michael Johnson, BSc, MAcc, FCMA, ILTM, is a Teaching Fellow and Honorary Lecturer in CEPMLP, University of Dundee, where he teaches the module Financial and Project Analysis of Natural Resources and Energy Ventures.
He is a chartered management accountant, with four years as an accountant in non-ferrous mining in South America and 20 years in petroleum exploration and production in the UK and the Middle East. The latter covered a career from operational accounting positions to being the Manager of Accounting, Information Technology and Administration for the North Sea operations of Conoco (UK) Ltd. He has subsequently provided financial consultancy services to the oil service sector, delivered a range of finance and accounting courses to the upstream oil industry for several training organisations and eight years part-time teaching in the Department of Accountancy and Business Finance, University of Dundee, specialising in undergraduate management accountancy and business management. He is currently an active member of the UK Oil Industry Finance Association (OIFA).
Teaching
Financial and Project Analysis of Natural Resources and Energy Ventures (On-Campus)
The main aim of this course is to introduce students into current methods of financial and project appraisal techniques that relate to natural resources and energy organisations. This is a practical course in which evaluation techniques and concepts are taught, such as discounted cash flow, internal rate of return and pay back period, which are applied to realistic scenarios, leading to the preparation of spreadsheets, their analysis and interpretation of results. The student should be able to recommend the appropriate appraisal techniques to a given business investment along with an appreciation of social and other non-financial features. Taxation and sources of finance are also introduced in this module, but any in-depth analyses of them can only be provided in other courses.
Foundation Accounting (On-Campus)
The principle aim of this course is to give an appropriate understanding of the published accounts of a company and their underlying practices and processes, so that an effective contribution may be given, to the senior financial management of an organisation. Particular emphasis is given to accounts of the extractive industries.
