NEWS & EVENTS
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Events Calendar

September 16, 2019

PASC 2019 Education Day
Event Starts: September 16, 2019
Time: 7:00 a.m - 4:00 p.m.
Location: Calgary Petroleum Club (319 - 5 Avenue SW)

For full details and to register click here

October 16, 2019

PASC AGM & Luncheon: October 16, 2019
Annual General Meeting
Event Starts: October 16, 2019
Time: 11:30am - 1:00pm
Location: Calgary Petroleum Club (319 5th Avenue SW)

Annual General Meeting

Notice is hereby given that the Annual General Meeting of the Petroleum Accountants Society of Canada will be held:

When: October 16, 2019 11:30 am - 1:00 pm
Where: Calgary Petroleum Club (319 5th Avenue SW)

AGENDA 

  1. Call to Order and Opening Remarks 
  2. Approval of the Agenda
  3. Approval of the Minutes of the October 17, 2018 Meeting
  4. Presidents Report
  5. Financial Report
    1. Approval of the Audited Financial Statements as at June 30, 2019
    2. Appointment of Auditors for 2019/20 year 
  6. Elections/Slate of Directors
  7. Member of the Year Award
  8. 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 22, 2019

PASC Power Play - Carbon Tax
Event Starts: November 22, 2019
Time: Registration and Breakfast 7:30 am Presentation 8:00 am
Location: Calgary Petroleum Club (319 5th Avenue SW)

Join PASC for a POWER PLAY on November 22, 2019 at the Calgary Petroleum Club as we discuss and review the implications of the Federal Fuel Charge that will come into effect in Alberta, January 1, 2020.  With the repeal of the Climate Leadership Act there is no longer the 2023 oil and gas production exemption for producers.  In its place, the Federal Fuel Charge will replace the Carbon Levy with new compliance requirements.  The Alberta government is also currently developing an opt-in approach for Conventional oil and gas under the TIER program for emitters.

Speaker: 

Tracey Osmond, FCPA, FCGA, Grant Thornton LLP, Calgary

 

Tracey is a senior manager with Grant Thornton LLP in Calgary, where she enjoys helping clients manage their Canadian sales, fuel and carbon tax risks. Her broad understanding of sales, fuel and carbon taxes is backed by 20 years of combined experience in public practice and as indirect tax director for a large fuel marketer.

Tracey has assisted hundreds of organizations with commodity tax matters such as audits, mergers and acquisitions, integrations, cross-border activities and IT implementations and uses her in-depth understanding of indirect taxes and business practices to reduce tax risks and compliance costs. She is also a past presenter on sales and carbon Tax matters. 

This event qualifies for up to two hours of continuous professional development.

Members: $75.00 +GST

Nonmembers: $90.00 +GST

Breakfast  will be provided 

November 26, 2019

Course: Vendor Audit November 26, 2019
Vendor Audit 1/2 Day Course
Event Starts: November 26, 2019
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

Closed Meetings



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