Format: ½ day (4 hours)
In this course you will learn the following:
1. Overview of the vendor / compliance audit activity
2. Risks in third party relationships
3. Benefits of audit
a. Costs savings
b. Processes improvement
c. Risks mitigation
d. Relationships building
4. Audit process
a. Identification criterion
b. Planning considerations
c. Execution approach
e. Reporting and follow up
5. Key areas of focus
a. Contract Types
b. Contract risks and risk assessment
c. Audit approach
6. Typical overcharges and their root cause
7. Wrap up and summary of lessons learnt
Salman Yasin has over 19 years of experience in the Operational, Financial, and Compliance audits of all business segments that include Upstream, Downstream and Capital Projects of Oil and Gas industry.
Currently Mr. Yasin is working for Canadian Natural Resources Ltd. as a Supervisor Vendor, Audit and responsible to identify, plan, execute, facilitate and manage vendor audits in all business areas of the company. Previously, he worked for PriceWaterhouseCoopers, Ernst Young LLP, and Enbridge Gas Distribution Ltd. at different positions."
Shahid has 20 years of experience in financial reporting, business process optimization, risk management and Information Technology Governance. Shahid is a Chartered Professional Accountant (CPA), a Certified General Account (CGA), a fellow member of Association of Chartered Certified Accountants (ACCA) and a Certified Information Systems Auditor (CISA). He is also a cost and management accountant (CMA) and a member of Chartered Secretaries and Managers. He holds a Master’s degree in Economics. Shahid has extensive international experience and has worked in Canada, Asia, Middle East, Far East, Europe, United States of America, United Kingdom, Caribbean and Africa as part of the senior management team at KPMG.
Shahid is currently the Vice Chairman of CPA (Chartered Professional Accountants) Calgary Chapter. He is the Deputy Chairman for ACCA (Chartered Association of Certified Accountants) Canada Committee and a member of ACCA international Council. Shahid is also the President of ISACA (Information Systems Audit and Control Association) Calgary.
$300 +GST Members
$350 +GST Non-members
Location: Calgary Petroleum Club (319 - 5th Avenue SW)
Includes a full breakfast from 7:30 am - 8:00 am