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News Archive

2016

  • 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.

    - link

2015

2014

  • December - Need CPLD Credits?:

    Continuous Professional Learning & Development credits are available when you attend any of our courses and luncheons.  CPLD credits can also be obtained by volunteering for one of our many committees.

    Volunteer

    We are currently looking for volunteers for the following Committees:

    • Joint Interest Research
    • Marketing
    • Membership
    • Materials & Inventory

    Attend

    Luncheons and courses count towards verifiable hour credits. 

  • October - Course: Equalizations Basics – AM Session:

    Course: Equalizations Basics – AM Session

    - link
  • October - Course: Equalization Basics – PM Session:

    Course: Equalization Basics – PM Session

    - link
  • October - Full Cycle Cost of Oil & Gas Luncheon (Annual General Meeting):

    Full Cycle Cost of Oil & Gas Luncheon (Annual General Meeting)

    - link
  • October - Course: Intro to Petroleum Tax:

    Course: Intro to Petroleum Tax

    - link
  • October - Course: Intro to the 2011 Accounting Procedure – AM Session:

    Course: Intro to the 2011 Accounting Procedure – AM Session

    - link
  • October - Course: Intro to the 2011 Accounting Procedure – PM Session:

    Course: Intro to the 2011 Accounting Procedure – PM Session

    - link
  • September - Course: Intro to Petroleum Tax:

    Course: Intro to Petroleum Tax

    - link
  • September - Luncheon: Increasing owner facility fee recoveries & reducing owner operating costs through equalizations & 13th Month Adjustments:

    Luncheon: Increasing owner facility fee recoveries & reducing owner operating costs through equalizations & 13th Month Adjustments

    - link
  • September - Infonex Accounting and Reporting for Oil and Gas Conference:

    Infonex Accounting and Reporting for Oil and Gas Conference

    - link
  • June - 2014/15 Membership Renewal:

    2014/15 Membership Renewal!  By now you should have received your 2014/15 membership renewal notice.  Payments can be mailed by cheque or by credit card over the phone or online.

  • June - June Luncheon: Full Cycle Cost of Oil & Gas:

    June Luncheon: Full Cycle Cost of Oil & Gas [Jun 18]

    - link
  • June - 2-day Course: Introduction to Petroleum Accounting [June 3-4]:

    2-day Course: Introduction to Petroleum Accounting [June 3-4]

    - link
  • May - 2014 PASC Education Day:

    2014 PASC Education Day (May 15)

    - link
  • April - PJVA/PASC/CAPPA Seminar: 13th Month Adjustments:

    PJVA/PASC/CAPPA Seminar: 13th Month Adjustments [April 22]

    - link
  • April - April Luncheon: Modeling, Risk Controls, COSO:

    April Luncheon: Modeling, Risk Controls, COSO [Apr 16]

    - link
  • April - 2011 Accounting Procedure (1/2 Day AM Session):

    2011 Accounting Procedure (1/2 Day AM Session) [Apr 15]

    - link
  • April - 2011 Accounting Procedure (1/2 Day PM Session):

    2011 Accounting Procedure (1/2 Day PM Session) [April 15]

    - link
  • April - The Annual Energy Asset Management Project Showcase:

    The Annual Energy Asset Management Project Showcase
    Please RSVP to: Grace Chiang - grace.chiang@sait.ca

    April 10th, 2014
    4:00pm – 7:00pm
    3rd floor
    Johnson-Cobbe Building at SAIT

    Food and beverages will be provided.

  • March - March Luncheon: Boast Capital SR&ED Credits:

    March Luncheon: Boast Capital SR&ED Credits [Mar 19]

    - link
  • February - February Luncheon: Financial Planning:

    February Luncheon: Financial Planning [Feb 19]

    - link
  • January - PASC January Luncheon:

    PASC January Luncheon [Jan 22]

    - link
  • January - 2011 Accounting Procedure (1/2 Day PM Session):

    2011 Accounting Procedure (1/2 Day Afternoon Session) [Jan 20]

    - link
  • January - 2011 Accounting Procedure (1/2 Day AM Session):

    2011 Accounting Procedure (1/2 Day Morning Session) [Jan 20]

    - link

2013

  • November - 2011 Accounting Procedure Course [Nov 25]:

    2011 Accounting Procedure Course [Nov 25]

    - link
  • November - November 2013 Luncheon:

    November Luncheon [Nov 21]

    - link
  • October - October Monthly Mailer is now available!:

    October Monthly Mailer is now available!

    - link
  • October - 2013 PASC AGM:

    2013 PASC AGM [Oct 17]

    - link
  • September - Course: Intro to Petroleum Tax - Afternoon Session:

    Course: Intro to Petroleum Tax - Afternoon Session [Sept 17]

    - link
  • September - September Luncheon:

    September Luncheon [Sept 16]

    - link
  • June - June 2013 Luncheon - Bring Your Engineer To Lunch:

    June Luncheon: Bring Your Engineer To Lunch, June 5, 2013

  • June - PASC 2-day Course: Introduction to Petroleum Accounting:

    PASC 2-day Course: Introduction to Petroleum Accounting, June 3, 2013

    - link
  • May - 2013 PASC Education Day:

    The first PASC Education Day will be held on Thursday, May 9, 2013 at the Marriott Hotel in Calgary. The theme for this year is “Leading Through Knowledge." 

    The first PASC Education Day will be held on Thursday, May 9, 2013 at the Marriott Hotel in Calgary. Registration for this one-day conference can be done online at https://securegs.com/pasc/. The theme for this year is “Leading Through Knowledge”.

    Download 2013 preliminary program (PDF)

    - link
  • April - PASC Course: Introduction to the Oil Sands: PASC Course: Introduction to the Oil Sands, April 24, 2013 - link
  • January - New PASC Course: Introduction to the Oil Sands: New PASC Course: Introduction to the Oil Sands, January 23, 2013 - link
  • January - The PASC Education Committee is currently looking for potential presenters for the PASC Education Day on May 9, 2013: The PASC Education Committee is currently looking for potential presenters for the PASC Education Day on May 9, 2013 - link

2012

  • November - PASC Monthly Mailer November 2012: PASC Monthly Mailer November 2012 - link
  • November - Luncheon and Annual General Meeting: The luncheon and Annual General Meeting at the Fairmont Palliser will be free for PASC members and will feature as the speaker Tom Wierman, Executive Director with COPAS. - link
  • September - 2013 recommended audit rate: PASC's Joint Interest Audit Committee has released the 2013 recommended audit rate. - link
  • August - PASC Equalizations Basics Course registration: Registration is now open for the first PASC Equalizations Basics Course of the 2012-2013 season! This course will take place on Thursday October 25th from 8:30AM - 12:00PM at the Pandell Technologies Training Centre. - link
  • August - September 24th Luncheon Meeting: Larry Yasman presenting at the September 24th Luncheon Meeting. - link
  • July - 2012 - 2013 PASC Board of Directors: We are pleased to introduce the 2012 - 2013 PASC Board of Directors. Welcome aboard to our new board members, and we look forward to a fun and productive year! - link
  • July - Wage index adjustment: The recommended wage index adjustment effective July 1 has now been posted. - link
  • May - The second session of the Equalizations Basics course: Due to high demand, a second session of the Equalizations Basics course is being offered. This course will take place from 1:00 pm - 4:30 pm on Thursday, May 3. To register please click here. - link
  • April - Product Measurement and Allocation: Product Measurement and Allocation (formerly titled "Product Allocation Exhibit Implementation for Joint Venture Representatives") - link
  • March - 2011 Accounting Procedure: The 2011 Accounting Procedure and related publications are now available for sale via a site license. - link
  • March - April 17th Luncheon Meeting: Geoff Zakaib presenting at the April 17th Luncheon Meeting - link
  • February - March 14 PASC breakfast meeting: View the presentation delivered by Mark Walsh at the March 14 PASC breakfast meeting on “IFRS Adoption Done! What Accounting Issues Should Oil & Gas Companies Focus on Now?” - link
  • February - 2012 COPAS Publication CD-ROM: The 2012 COPAS Publication CD-ROM containing all its Accounting Guidelines, Model Form Interpretations and Model Form Modifications is now available. Individual copies or a Corporate Site License can be ordered on-line at the COPAS website, or by calling the COPAS Office at 303-300-1131. - link

2011

  • December - 2011 Accounting Procedure has been sent to all PASC members: A complimentary reference copy of the 2011 Accounting Procedure has been sent to all PASC members. This copy is available only for personal reference purposes and not to be used for commercial use or reproduction. A site licensing model will be used for commercial use of the 2011 Accounting Procedures. Please keep posted for full details on site licensing arrangements.
  • November - PASC Gail Quartly Memorial Scholarship: In honour of Gail Quartly, long-term PASC board member who passed away on November 6, 2011, PASC has renamed their SAIT scholarship the PASC Gail Quartly Memorial Scholarship. If you or your organization would like to contribute to an annual scholarship, please contact the PASC office.
  • October - Student membership: Student membership is available! - link

2010

  • July - BC Provincial Sales Tax replaced with a Harmonized Sales Tax: - link
  • July - COPAS Summer Conference: - link
  • July - 2010 Wage Index Adjustments: - link
  • June - Luncheon Presentation: - link
  • January - NEB Proposes Adoption of New CSA Security Management Standard: - link

2009

  • December - Joint Interest Auditor Code of Conduct - for industry comment: - link
  • December - Luncheon Presentation: - link
  • July - PASC Online Courses: - link
  • June - 1996 Accounting Procedure: - link
  • June - 2010 Recommended Audit Rate: - link
  • May - Update on Joint Venture Green House Gas Cost/Credit Allocation Guidelines for Facility Operators and Owners Accounting Guidelines: - link
  • May - Wage Index Adjustment: - link

2008

  • July - 2008 Wage Index Adjustment: - link
  • April - New Accounting Guideline: Joint Venture Green House Gas Cost/Credit Allocation - link
  • April - Industry Comments: - link