NEWS & EVENTS
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Events Calendar

October 11, 2018

Course: Vendor Audit
Vendor Audit 1/2 Day Course
Event Starts: October 11, 2018
Time: Registration & Breakfast @ 7:30 am; Course 8:00 am to 12:00 noon
Location: PASC office c/o Associations Plus #600, 900 - 6 Avenue 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

October 17, 2018

PASC AGM & Luncheon: October 17, 2018
Annual General Meeting
Event Starts: October 17, 2018
Time: 11:30am - 1:00pm
Location: Calgary Petroleum Club (319 5th Avenue SW)

Annual General Meeting

Pursuant to Section 1 (d) of the Societies Act, notice is hereby given that the Annual General Meeting of the Petroleum Accountants Society of Canada will be held:

When: October 17, 2018 11:30 am - 1:00 pm
Where: Calgary Petroleum Club (319 5th Avenue SW)

Register

AGENDA 

  1. Call to Order and Opening Remarks 
  2. Approval of the Agenda
  3. Approval of the Minutes of the October 18, 2017 Meeting
  4. Presidents Report
  5. Financial Report
    1. Approval of the Audited Financial Statements as at June 30, 2018
    2. Appointment of Auditors for 2018/19 year 
  6. Committee Reports
    1. Education
    2. Financial Accounting Reporting
    3. Joint Interest Research
    4. Joint Venture Audit
    5. Materials & Inventory
    6. Member Services
  7. Elections/Slate of Directors
  8. Member of the Year Award
  9. Adjournment

Members are reminded that only those items on the agenda will be presented during the business portion of the meeting. There will be time on the agenda for announcements or informational items. No new business requiring decisions or motions may be added.

November 15, 2018

PASC/PJVA Joint Luncheon - November 15, 2018
New Technology - BOTS, AI, Smart Contracts, Revolutionary or Evolutionary?
Event Starts: November 15, 2018
Time: 11:30 a.m. - 1:00 p.m.
Location: Calgary Petroleum Club 319 - 5 Avenue SW

Secure Online Registration

New Technology - BOTS, AI, Smart Contracts. 

Revolutionary or Evolutionary?

Sponsored by

 

Speaker: Dave Howden, Business Development at Red Dog Systems Inc

Dave Howden has been involved in the design, implementation and support of Oil & Gas Accounting, Land and Production Accounting systems for 31 years. 

He is currently specializing in the electronic exchange of back office information between Operators and their Partners in the oil & gas business. 

Topic:  New technology – BOTS, AI, Smart Contracts.  Revolutionary or Evolutionary? 

New digital technology is receiving much publicity lately promising to improve productivity. 

As we contemplate technology like Blockchain for the Oil and Gas industry, it's important to have a good understanding of how this new technology can interact with our current systems. Joint Venture Representatives, Contract Analysts, & Administrators as well as Joint Venture Accountants, Operations Accountants, Production Accountants all use current technology such as JIBlink, RoyaltyLink, RevenueLink and AFELink and others that are being impacted by new digital tech.

How do we currently digitize contracts and do they already act as smart contracts? How are BOTS and AI already being being implemented in our systems and what are the changes to business processes? Some of the solutions currently in use in Canadian and International companies are under the umbrella of EnergyLink, but there are many more solutions that implement the same technologies. These technologies are the subject of this presentation on how we got to where we are and where the industry may be going.

Join us for a luncheon presentation by Dave Howden of Red Dog Sytems- EnergyLink-JIBLink on November 15th at the Calgary Petroleum Club 11:15am - 1:00pm

Sponsored by Red Dog Systems and The BOE Report

Members: $50.00

Non Members: $60.00      Secure Online Registration

November 15, 2018

PJVA/PASC Joint Luncheon November 15, 2018
Event Starts: November 15, 2018
Time: 11:30 am - 1:00 pm
Location: The Petroleum Club, 319 - 5 Avenue SW, Devonian Room

Closed Meetings

October 10, 2018

PASC Board of Directors Meeting
Closed Meeting
Event Starts: October 10, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

October 11, 2018

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

October 16, 2018

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: October 16, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

October 18, 2018

PASC Education Committee
Closed Meeting
Event Starts: October 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

October 18, 2018

PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: October 18, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

October 22, 2018

PASC Publications Committee
Closed Meeting
Event Starts: October 22, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

November 8, 2018

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: November 8, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

November 14, 2018

PASC Board of Directors Meeting
Closed Meeting
Event Starts: November 14, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

November 15, 2018

PASC Education Committee
Closed Meeting
Event Starts: November 15, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

November 15, 2018

PASC Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: November 15, 2018
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

November 20, 2018

PASC Material & Inventory Committee Meeting
Closed Meeting
Event Starts: November 20, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

November 20, 2018

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: November 20, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

November 26, 2018

PASC Publications Committee
Closed Meeting
Event Starts: November 26, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club

December 13, 2018

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: December 13, 2018
Time: 11:30 a.m. - 1:30 p.m.
Location: Calgary Petroleum Club

December 18, 2018

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: December 18, 2018
Time: 11:00 am - 2:00 pm
Location: Calgary Petroleum Club