The CAPPA Production Accounting Certificate Program is delivered through day or evening classroom, online and distance learning through Southern Alberta Institute of Technology (SAIT) and Mount Royal University (MRU)
A career in Production Accounting is a unique blend of financial accounting, regulatory, data analysis and production reporting. It is a role that requires a balance of technical and behavioral skills. Production accountants receive information from the field, land administrators, joint venture analysts, marketing and financial departments in order to perform monthly requirements of their role. Production Accountants calculate and report volumes of oil, gas and water produced from the wells as well as various other activities at the associated facilities. They also manage the calculation and distribution of revenue, division of ownership, and royalties. The information that the Production Accountant produces is critical to company operations, management and financial reporting.
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The price per course varies depending on your chosen method of delivery. The program is offered throughout the year and your start and completion time will also vary based on the delivery method. Many students complete the program in less than 2 years. The CAPPA program at SAIT are credit courses.
Currently there are five levels to the program and all must be completed within three years*. The passing grade is 70% for each.
If you have oil and gas experience you may choose to write a challenge exam to the Level 1 course (only) to test your foundational knowledge. The challenge exam is offered by Mount Royal University at a fee set by the institution. Successful completion of the exam allows for course credit at MRU; however, there are no rewrite options if you do not receive a passing grade (70%).
Students who have successfully completed OGPA-210 Production Accounting – Oil Patch – Introduction – Level 1 at SAIT may be eligible to use this course towards the Energy Asset Management Diploma and the Petroleum Land Administration Certificate. Please contact email@example.com for more information.
Student Membership – Students receive a discounted fee for membership which provides preferred pricing for Educational Luncheons, Seminars, Conference, Networking Events, Social Events along with Career Resources and Job Board.
CAPPA requires all students to complete additional online training modules provided by CAPPA and Petrinex (web-based reporting system). The fee for each course includes access to the online Petrinex modules.
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Several Student Awards are available for high performing students and information can be found on the CAPPA website.
Students receive a discounted fee for membership which provides preferred pricing for Educational Luncheons, Seminars, Conference, Networking Events, Social Events along with Career Resources and Job Board.
The career outlook for Production Accounting is good, both with the continued growth in the Oil and Gas industry and the future demographic shift as people retire and additional positions open up.
CAPPA Program Completion Requirement
From 5 years to 3 years
Students enrolling in the CAPPA Certificate Program for course commencement as of July 1, 2017 onwards (the 2017 2018 academic year), will be required to complete the CAPPA Program (currently 5 courses) within three (3) years. This applies to all students regardless of Institution or method of course delivery.
Extensions may be requested in writing, via your Education Institution (which will be forwarded to CAPPA), for a six (6) month extension for extenuating reasons. Extensions must be requested separately, however, a maximum of 2 six (6) months extensions will be granted. Students should not rely on an extension being granted.
Students enrolled in the program prior to July 1, 2017 will continue to have a five (5) year deadline for completion. Students grandfathered with a 5 year completion timeline may apply for a six (6) month extension for extenuating reasons. One six (6) month extension only may be granted.