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August 2018
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PASC Education Committee
Closed Meeting
Event Starts: August 16, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: August 23, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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PASC Publications Committee
Closed Meeting
Event Starts: August 27, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club
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September 2018
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PASC Board of Directors Meeting
Closed Meeting
Event Starts: September 12, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: September 13, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club
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PASC Material & Inventory Committee Meeting
Closed Meeting
Event Starts: September 18, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club
Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: September 18, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club
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PASC 2018 Education Day
Event Starts: September 19, 2018
Time: 7:00 a.m - 4:00 p.m.
Location: Calgary Petroleum Club (319 - 5 Avenue SW)

 

51.0485° N, 114.0688° W

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PASC Education Committee
Closed Meeting
Event Starts: September 20, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: September 20, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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PASC Publications Committee
Closed Meeting
Event Starts: September 24, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club
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October 2018
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PASC Board of Directors Meeting
Closed Meeting
Event Starts: October 10, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: October 11, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club
Course: Vendor Audit
Vendor Audit 1/2 Day Course
Event Starts: October 11, 2018
Time: Registration & Breakfast @ 7:30am; Course 8:00 am to 12:00 noon
Location: Associations Plus (#600, 900 6th Ave SW)

Vendor Audit
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

Instructors:
Salman Yasin
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."

Fee:

$300 +GST Members
$350 +GST Non-members

Location: PASC Office 600, 900 6 Avenue SW, Calgary 
Includes a continental breakfast from 7:30 am - 8:00 am

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Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: October 16, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club
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PASC Education Committee
Closed Meeting
Event Starts: October 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: October 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club
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PASC Publications Committee
Closed Meeting
Event Starts: October 22, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club
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What's New

GP-01 2018 Wage Index for Overhead Adjustments Released

The 2018 Wage Index for overhead adjustments under the 1969, 1988 and 1996 PASC Accounting Procedures has been released. Access your complimentary copy of GP-01 on our General Publications Page.

New Project - New PASC Accounting Procedure

PASC is initiating a review and update of the current 2011 Accounting Procedure. We are currently in the process of establishing a Project Team to review the needs of industry to determine what changes may be necessary to provide industry with the accounting tools to operate in today’s very competitive oil and gas industry in Western Canada.

If you are interested in participating in this important undertaking please contact the PASC Office info@petroleumaccountants.com with some background information on experience and reasons for wanting to participate.

December 2017
"CAPL has published the 2017 CAPL Property Transfer Procedure."

A copy is available on the CAPL Website.

April - AG-19 Accounting for Shared Pad Site Costs

PASC is inviting anyone in the industry to please send review comments on the following document to info@petroleumaccountants.com. This PASC document is a companion document to the recently released PJVA/CAPL document: Pad Site Sharing Agreement (PSSA). See a copy of the PSSA here and send any comments on this document directly to the PJVA/CAPL contact.


News Archive


Events

August 16, 2018

PASC Education Committee
Closed Meeting
Event Starts: August 16, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

August 23, 2018

PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: August 23, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club