Canadian Association of Petroleum Production Accounting (CAPPA) Certificate

E-mail: cescience@mtroyal.ca
Information: 403.440.6278
Register: Start here
Location: Lincoln Park Campus, 4825 Mount Royal Gate SW

Required Courses | CAPPA Professional Development Seminars

Gain industry-recognized expertise in petroleum production accounting with this specialized program. Providing a solid understanding of the industry's financial practices, government regulations, and the role of  production accountants, this certificate is ideal for people looking for their first job in the oil and gas industry, as well as current industry professionals eager to expand their knowledge. 

Mount Royal offers this program in two formats: take advantage of small class sizes with our learner-focused lectures (delivered by industry experts from the Canadian Association of Petroleum Production Accounting) or choose independent study to learn from home, on your own schedule.

Complete your certificate in only two semesters with our three evenings per week format. Offered again in the Fall 2013 semester.

Program Notes
Electronic materials are included in course fee. Printed material available at the BookStore for additional fee. We strongly recommend completion of an introductory accounting course and MS Excel course before starting CAPPA level 2 in this program.

CAPPA requires all students to complete additional online training modules provided by CAPPA and the Alberta Government Registry. The fee for each course includes access to the online Alberta Registry modules.

Requirements
Canadian high school diploma or equivalent or mature student status with at least two years of business experience. Internet access required.

Earning Your CAPPA Certificate
Complete the five required courses (244 hours) with a minimum grade of 70% in each course. The certificate must be completed within five years. CAPPA requires all students to complete additional online training modules provided by CAPPA and the Alberta Government Registry. The fee for each course includes access to the online Alberta Registry modules.

Career Outlook
If you are working in the field and want to expand your knowledge, or if you are considering a career in petroleum production accounting, this certificate is designed to meet your needs.

Required Courses

CAPPA Level 1: Introduction to the Oil Patch
Gain an overview of oil patch activities, terminology, departmental roles and relationships.
Note: You must have Internet access. Pass mark is 70%.
Course materials: Electronic materials included in course fee. Printed materials are available at the BookStore for an additional cost.

CAPPA Level 1: Challenge Exam
If you have oil and gas industry experience that includes specific course content, you can challenge Level 1 by taking a 3-hour exam with approximately 200 multiple-choice and true/false questions. Successful completion of the exam allows for course credit; however, if you do not receive a passing grade you must take the course. There are no rewrite options.
Note: Exam is designed for students with more than 3 years industry experience. This exam must be written within 4 weeks of registration. Pass mark is 70%.
Exam materials: Printed materials are available at the BookStore for an additional cost. No electronic materials provided.

CAPPA Level 2: Oil Production Accounting
Oilfield practices and procedures, ERCB requirements, land agreements, oil royalties, and BC and Saskatchewan reporting.
Prerequisite: CAPPA Level 1
Note: You must have Internet access. Pass mark is 70%.
Course materials: Electronic materials included in course fee. Printed materials are available at the BookStore for an additional fee.

CAPPA Level 3: Gas Production Accounting
Field handling and gas processing, joint venture accounting, ERCB gas well and facility reporting, oil, gas, NGL and sulphur marketing, gas purchase contract and plant allocation.
Prerequisite: CAPPA Level 1
Note: You must have Internet access. Pass mark is 70%. 
Course materials: Electronic materials included in course fee. Printed materials are available at the BookStore for an additional fee.

CAPPA Level 4: Advanced Production Accounting
Utilization, volumetric and royalty triggers, allowable costs, and Alberta, BC and Saskatchewan royalties and revenue accounting.
Prerequisite: CAPPA Level 1
Note: You must have Internet access. Pass mark is 70%.
Course materials: Electronic materials included in course fee. Printed materials are available at the BookStore for an additional fee.

CAPPA Level 5: Case Study
Apply previous learning by working through a complete monthly production cycle.
Prerequisites: CAPPA Levels 1, 2, 3 and 4
Note: You must have Internet access. Pass mark is 70%.
Course materials: Electronic materials included in course fee. Printed materials are available at the BookStore for an additional fee.

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CAPPA Seminars

Best Practices and Your EPAP Declaration    NEW!
Production accountants need to provide information and documentation and to verify controls relating to the production accounting EPAP themes. They work with field operations and engineering to ensure controls are in place in other operations' EPAP themes. Often production accountants are responsible to resolve CAI issues and errors, and to prepare the EPAP declaration. Learn to take on this important EPAP role in the annual EPAP processes leading to the EPAP declaration.
CAPPA Members: $449+GST - use CRN 50596
Non-Members: $499+GST - use CRN 50697

Saskatchewan Production Accounting, Start to Finish   
Find out how Saskatchewan Production Accounting has evolved. Analyze Saskatchewan properties from production reporting to revenue valuation and royalties.
Note: Materials are provided.

Communication Skills for Production Accountants
Join us for this interactive seminar and gain a better understanding of how to navigate the complicated world of negotiations and conflict resolution — or what we like to call problem solving with other people. This hand-on seminar has plenty of opportunities to practise what you've learned in situations relevant to your work and everyday life.
Note: Materials are provided.

Schematics and Facility Identification
Accurate schematics are essential for understanding facility processes and measurement points. Production Accountants need to be equipped with accurate schematics for their wells and facilities to avoid costly errors by creating verifiable production accounting formulas and processes. Learn to interpret these diagrams and ensure they are reflected in the monthly PA process with this seminar.
Note: Materials are provided.
CAPPA Members: $449+GST - use CRN 50681
Non-Members: $499+GST - use CRN 50682

Alberta Allowable Costs
Gain a deeper understanding of allowable cost fundamentals through hands-on examples of cost calculations, including operating costs, capital costs and custom processing fees. This focuses on Facility Cost Centre (FCC) set-up, gathering data, and best practices in coding invoices and fees to insure that all allowable costs are accurately captured.
Note: Materials are provided.

Gas Allocations
This one-day seminar is ideal for production and joint venture accountants who are new to gas allocations, want to better understand the calculations in production accounting allocation processes, team leads or supervisors responsible for gas allocation results and auditors of gas allocation results.
Note: Materials are provided.

British Columbia Crown Royalties
Understand the purpose of the inputs and mechanics of royalty reporting in British Columbia. Through the use of hands-on exercises and open dialogue, participants should gain a working knowledge of the royalty system in BC. In addition, common incentive and royalty programs unique to British Columbia, which are available to producers, will also be examined.
Note: Materials are provided.

Freehold Mineral Tax Seminar
Freehold Mineral Tax calculations and regulatory requirements can seem daunting. This practical seminar explores the history of the tax, provides an annual tax cycle overview, explains unit value calculations and submission, and delves into e-FMT roles and transfer of roles.
Ideal for those new to Freehold Mineral Tax, and those who need a better understanding of the tax and its regulatory requirements and calculations, this seminar is also valuable for Team Leads and Supervisors responsible for the administration of Freehold Mineral Tax.
Note: Materials are provided.

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