Please choose between the following three options for navigation.
Gain a better understanding of today’s most critical issues, challenges and opportunities facing the Canadian oil and gas sector at this industry-driven conference.
This conference is Canada’s pre-eminent event for CPAs and financial professionals who work in the energy sector, bringing together leading oil and gas experts, and energy accountants to explore the latest industry developments. This year’s conference has a theme of transformation through innovation and will include topics such as carbon tax review, cyber security, AI, robotics and blockchain, among others.
In addition to thoughtful keynote speakers, robust technical sessions and panels on industry hot topics, you’ll also have the chance to network with colleagues and peers, and connect with leaders to discuss what the future holds for oil and gas.
We sat down with Jim Bottomley, keynote speaker at the 2018 Conference for the Oil and Gas Industry, to ask some questions about his work as a futurist and his thoughts on how to develop improved strategy and leadership. We also asked Jim for his insights on the future of energy, another theme he will explore with attendees at this year’s conference. Read CPA Canada’s interview with Jim.
Highlights of the 2017 conference:
Early Bird discount: $100 off standard conference rate extended to October 15, 2018.
Additional options and pricing may be available. See pricing and registration for more details.
Opening Keynote Address: Playing to Win Amidst Disruption
Speaker: Peter Tertzakian, Executive Director, ARC Energy InstituteTechnological change, environmental pressures, social activism, geopolitics and other forces are disrupting the energy industry at large. What does the future for the competing energy systems — coal, oil, gas, nuclear and renewables hold? The first step in understanding is identifying the disruptions and their impacts on the landscape. Everyone is playing to win. Peter Tertzakian explains the game and what the energy suppliers of the future must do to win.
The Robots have Arrived.
Robotic Process Automation (RPA) has seen hyper-demand and hyper-growth over the last five years, and is starting to be more common in the Oil and Gas industry, touting promises of huge savings and process efficiencies. There have been some spectacular wins, but plenty of disappointments. This has led many companies to approach automation with caution, implementing small, contained projects that may actually stifle the greater benefits that could be realized with an enterprise-wide plan. This panel discussion will showcase the various perspectives of stakeholders involved with a RPA project.
Understanding insider threat
Speaker: Harm Cassam, Associate Partner, Fraud Investigations and Dispute ServicesAs the energy market recovers and compliance become a focus of many energy firms, organizations take careful measures to protect their critical assets from external risks. However, they often remain vulnerable to threats from inside their organizations, Insider Threat. By studying behavioral changes, detecting routine variations and hidden relationships, companies can more effectively monitor inappropriate behaviour and potential insider risks. This presentation will touch on ‘red flags’ within the energy sector and discuss what can we done to identify and potentially prevent these inappropriate behaviours from occurring and/or continuing. It offers insight into the causes of insider threat and provides guidance on implementing controls to prevent and detect malicious breaches by insiders.
The Evolution of Reserves Engineering
Speaker: Jared Wynveen, Executive Vice President, McDaniel and Associates Consultants Ltd.Reserves engineering is quickly evolving to account for resources from unconventional resource plays and account for carbon taxes, leases and macro-economic changes. Join us for a discussion on how these changes are impacting their reserves evaluation process, and recoverable reserves.
Accounting Standards Update
An update from the Canadian Accounting Standards Board
Carbon Tax Review
An update on compliance and implementation strategies, as well as a discussion of the ways that organizations can inform stakeholders of their initiatives and achievements in this area.
Control Considerations for Evolving Cyber Risks
Speaker: Ivan de O Alcoforado Junior, Partner, KPMGHaving an adequate set of cyber controls is a critical part of a healthy enterprise control framework. Keeping up with cyber threats and risks, however, can be an unique challenge given their pace of change and evolving nature. This presentation will talk about some of the current cyber trends and discuss cyber controls that can be utilized to keep risks at bay. We’ll discuss examples and provide insights to help improve your control framework.
Blockchain for the Energy Sector
As competition grows, margins decrease and our reliance on technology grows greater every day. Learning how to perform correct assessments and choosing the most profitable technology projects becomes critical to any business. Blockchain has emerged in the last two years as the technology with the most potential for disruption. It impacts how we run our businesses and blurs competitor lines. Join us to gain a non-technical understanding and current examples of industrial blockchain and the impact on the energy industry.
How They Did It: Case study on enhanced value through adoption of technology
ASC Regulatory Update: Enhancing securities regulations outside the GAAP
Speakers: Lara Gaede, Chief Accountant and CFO, and Cheryl McGillivray, Manager, Corporate Finance, Alberta Securities CommissionHigh-quality corporate reporting is a building block for sound capital markets. Securities regulations are evolving, as investors demand and companies disclose more information outside the financial statements. Lara Gaede, CFO and Chief Accountant, will provide an in-depth look at the proposed non-GAAP rule that will shape the future reporting of key performance indicators and Cheryl McGillivray, Manager, Corporate Finance, will address the growing investor demand for climate change-related disclosure, and the call for a reduction in regulatory burden.
Cheryl McGillivray, CPA, CA
Managing Partner RIsks
Speakers: Michelle Willis, Hope Bishop, Gail Pilling, Husky EnergyUpstream Oil & Gas Joint Venture Partnerships are becoming increasingly risky due to global economics. This session will cover why these partnerships exist, getting to know your partner and how to mitigate the risk of possible partner insolvency.
IFRS 16 – 2019 Leases Implementation is soon approaching!
Moderator: Nabeel Pabani, Partner, Assurance and Financial Accounting Advisory Services, Ernst & Young LLPPanelists to date: Scott Bandura, Partner, PwCIFRS 16 is the highest impact standard since the adoption of IFRS. This session will provide an update on the most recent technical developments followed by a panel of industry members responsible for implementing IFRS 16 discussing practical implementation issues they are encountering.
Trends and Developments Related to the Energy Transition
Speakers to date: Elizabeth Logan, Manager, Climate Change & Sustainability Services, Ernst & Young LLPTraditional business and operating models in the energy sector are adapting to an evolving energy ecosystem. New businesses and operating systems will emerge across the value chain, covering all facets of energy production, transportation, consumption and conservation. The focus of our panel discussion will be on trends and developments related to the energy transition and strategies and for navigating the transition through innovation in Energy sector.
Managing Turbulent times in the Oil & Gas Industry
Canadian oil and gas companies are dealing with an every changing environment on how they conduct business in Canada and abroad. In particular, some of the more important changes include U.S. Tax Reform, the changing trade landscape including protectionist activities by both the Canadian and U.S government and NAFTA uncertainty. This session will focus on customs and trade matters with a particular focus on the following topics: a) overview of current trade landscape-protectionist activities by both the Canadian and US government; b) specific application of these activities to the oil and gas sector including identifying specific products that are targeted; and c) actions / steps on how companies can respond to mitigate duty exposure; and d) update on NAFTA. The session will also include a taxation update and discuss: a) the latest and greatest on U.S. tax reform with specific application to the oil & gas sector; b) potential opportunities and challenges for companies with existing U.S operations or companies looking to make greenfield investments; and c) any significant Canadian domestic developments, if any (i.e., fall economic update and other matters).
Effective Innovation in Commercial Assurance
Getting value for money and maximizing the outcomes from contracts and spend with third parties is an ongoing challenge for most businesses. This is especially true when services/products and contractual charging mechanisms are complex, difficult to understand and lack transparency. Even where standard controls are in place, we often find that the value captured at the procurement/negotiation stage has been eroded over time, leaving significant gaps between the perceived value and the value actually realized. This is typically referred to as Commercial Assurance, and in the past has been primarily focused on post executed contract assessments and reviews. Commercial Assurance is much more than a contract review or assessment process. It is about ensuring the delivery of the promises your vendors make and leveraging sustainable savings from those relationships through a value-adding commercial assurance framework. What are the latest innovations in assurance that your company is realizing the values with your third party agreements, and what additional effective practices can be done?
Closing Keynote: Success in the Innovation Age - Navigating Change
Speaker: Jim Bottomley, Entrepreneur, Futurist, Management ConsultantWe’ve entered a new economy where technology transforms and the strategies for future success are changing like never before. After 30+ years as a futurist looking at the interplay between trends and their impact on human needs, Jim brings his unique perspective to the Oil and Gas Industry, recommending future success strategies. Drawing on experiences as a serial entrepreneur and consultant working across sectors, Jim addresses the stress of change by stimulating innovative rethinking towards planning and leading in this time of disruption. Jim’s style is fast-paced, high-energy and uplifting.
Thank you to the 2018 Advisory Committee Members:
Scott Bandura, Partner, PwC LLPTimothy Chan, Manager, Crude Accounting, Suncor Energy LtdJeff Dashkin, Financial Analyst, Husky EnergyKevin Hamm, Manager, Accounting Standards & Special Projects, Canadian Natural Resources Limited Jassie Kang, Partner, Audit, KPMG LLP Jim Medeiros, Lead Principal, Financial Reporting, Professional Programs, CPA CanadaNabeel Pabani, Partner, Assurance and Financial Accounting Advisory Services, Ernst & Young, LLPAlice Seto, Manager, Cash Planning & Investments, Suncor Energy Ltd.
Timothy Chan, CPA, CMA
Kevin Hamm, CPA, CA
Alice Seto, CPA, CA
TELUS Convention Centre
120 9th Avenue SE, Calgary, AB T2G 0P3
Member Development and Support
November 22, 2018
CPA Canada’s annual financial literacy conference is a must-attend for those who want to learn how to improve the financial health of Canadians.
CPA Canada supports the Innovation, Science and Economic Development Canada (ISED) consultation on digital and data transformation. Learn about the work CPA Canada is doing in the technology and innovation space.
November 5, 2018
Join CPA Canada and finance and business professionals from around the world to tackle global challenges of change and disruption, and build a road map for the profession.