Petroleum Accountants Society of Canada | About | Committees

Joint Venture Audit Committee (JVAC)

The Joint Venture Audit Committee studies the various audit issues arising from interpretation of industry agreements. This committee recently wrote the Custom User Audit Guidelines and publishes the annual audit per diem rate.

Committee Mandate

To develop audit guidelines and protocols
To determine the recommended audit rate in regards to joint venture auditing
To work with other PASC committees with regards to mitigating audit issues arising from PASC related documents

Current Issues

Reviewing the recent draft of the PASC Accounting Procedures

If you are interested in joining, or would like more information about this committee, please feel free to contact us either through our Discussion Forum, or by contacting the PASC office directly.