The main aim of the audit considerations is to focus on the ISA requirements and those will get focused in this conference, which is known as Auditing in the Oil & Gas Industry. This field is also going to target audit risk areas that are pertinent to the audit of the financial statements of oil and gas companies to get clear focus in this arena. There are other impacts of fraud in such companies and devise controls and tests for the prevention and detection of fraud which are going to get clear focus in this arena.