The Petroleum Accountants Society of Canada provides the oil and gas industry with standards and information for oil and gas accounting. The membership is very active in the development of new procedures and education.

What's New

  • 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.
  • The 2011 Accounting Procedure and related publications are now available for sale via a site license.

  • Click here to 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?”
  • Geoff Zakaib presenting at the April 17th Luncheon Meeting: click here for details
  • February 2012: Membership Directory (Members Only)
  • Product Measurement and Allocation (formerly titled 'Product Allocation Exhibit Implementation for Joint Venture Representatives'), April 25, 2012
  • 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.
  • 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.
  • 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.
  • Student membership - now available

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