NEWS & EVENTS
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November 2017
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Events Calendar

November 23, 2017

Membership/Marketing Committee Meeting
Closed Meeting
Event Starts: November 23, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

November 29, 2017

Course: Gas Allocations: Using the declining balance method (Advanced)
Gas Allocations: Using the declining balance method (Advanced)
Event Starts: November 29, 2017
Time: Registration & Breakfast 8:00 am; Course 8:30 am - 4:30 pm
Location: Associations Plus (#600, 900 6th Ave SW)

Advanced Gas Allocations: Using the declining balance method
Format: 1 day

Note: If you have taken the Product Analysis & Audit Course you can register directly into the Advanced Product Allocations course and do not need to complete the intermediate level course.

This course will cover:

  • Configuration – schematic metering diagrams, AER SMD requirements, what constitutes a gas gathering system, production accounting system configuration
  • Example of a declining balance allocation including the following concepts: effluent proration battery, measurement by difference, C7+ gas equivalent factors, gas lift, return fuel, C3 recovery efficiency factor, sulphur allocation, plant fuel allocation, two plant stream
  • Allocation checks
  • Allocation audit findings
  • Allocations today and in the future

Instructor: Kevin Boyce
For the past 18 years Kevin Boyce worked as a production measurement audit for Encana Corporation.  Prior that that he worked at Chevron Canada Resources for 9 years as a production accountant, joint venture analyst, financial analyst and internal auditor.  He has an Certified Internal Auditor designation, a Certification in Control Self-Assessment and an MBA.  He is  an active member of the Industry Measurement Group (IMG) and is currently the industry liaison for the IMG and heads two subcommittees on changes to the AER/OGC regulations.  He has instructed for PASC, CSHM, & PJVA.

Fee:
$500 +GST Members
$575 +GST Non-members

Note: You require a laptop for this course.

Location: #600, 900 6th Avenue SW
Includes a full breakfast from 8:00 am - 8:30am & Lunch

December 12, 2017

Joint Interest Research Committee Meeting
Closed Meeting
Event Starts: December 12, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club

December 13, 2017

Course: Vendor Audit
Vendor Audit 1/2 Day Course
Event Starts: December 13, 2017
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."

Shahid Qureshi
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.

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

December 14, 2017

Joint Venture Audit Committee Meeting
Closed Meeting
Event Starts: December 14, 2017
Time: 11:30 am - 1:30 pm
Location: Calgary Petroleum Club