51.0485° N, 114.0688° W

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

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.