The Whitehall

1700 Smith Street 

Houston, TX 77002

Committee Meetings:

3:00 - 4:30 PM

Social hour: 

4:00 - 5:00 PM

Dinner: 

5:00 - 7:00 PM

Valentine’s Day Fun Facts:



• The first Valentine’s Day celebration occurred in Paris. ...
• 145 million greeting cards are exchanged every year for Valentine’s Day. ...
•  About 20 percent of pet owners give Valentine’s Day gifts to their pets. ...
• Candy hearts were originally medical lozenges. ...
• 8 billion conversation hearts are manufactured each year. ...
• Over $1 billion worth of chocolate is purchased for Valentine’s Day. ...

Mark Gibennus - President

Lisa Collins - Vice President

Ruth Strange - Treasurer

Kathy Johnston - Assistant Treasurer

Jennifer Holt-McKellar - Secretary 

Mark Robertson - Director

Michelle Caruso - Director, Membership

Fay Lascelle - Director, Hotel Liaison

Karla Zawodny - Past President

Membership Committee

We hope you are enjoying PASH and the in-person meetings. Have you considered sharing the experience with a coworker or friend? 

Do you:

·        Know someone new to the industry?  

·        Have an Oil and Gas accountant that could benefit from training and collaboration?  

·        Like to network?

Are you:

·        Stumped on a specific Oil and Gas Accounting issue?

·        Looking for Oil and Gas accounting updates and trending issue discussions?

Having a familiar face and a little guidance can make a huge impact to someone new to PASH. Feel free to encourage your coworkers or oil and gas accounting friends to join PASH. It is a great place to network and get to know a great group of people. The Membership Application and instructions can be found on our website pashcopas.org under the Membership Tab, then Membership Application. Please reach out to us at pashmembership@yahoo.com if you have any questions or concerns about membership or PASH in general.

If you see a new face that the meeting, please introduce yourself and get to know new members.

The Education committee held the monthly meeting on January 17, 2023. Our next meeting will also be held on Zoom on Tuesday, February 21, 2022. See meeting login info at the bottom of this section.

This committee meeting will continue to focus on Education Day speakers and the Scholarship program. Please email Jacque (pasheducation@gmail.com) if you plan to participate in this meeting. Agendas will only be sent to those that respond prior to the meeting day above or attended the last meeting.

Ethics course – Course will be offered in Person on Monday, February 27, 2023, from 8:30am to 12:30pm. Here is the link for registration for the Ethics Course.

 http://events.r20.constantcontact.com/register/event?llr=l4y7q6cab&oeidk=a07ejmln8hl6cc8702e

Scholarships - The committee is working to finalize the Scholarship program for the April 2022 Monthly Meeting.

Education Day is set for Tuesday & Thursday. May 23 & 25, 2023. This meeting will be held via Zoom. Look for registration to be available in late March or early April. If there is a speaker you heard at a conference you attended and think others would enjoy the topic, please send the topic and the speaker contact information to Jacque (pasheducation@gmail.com). Jacque will review the topic/speaker with the committee and contact them if a slot is available. 

Virtual meeting information:

Topic: Education Committee

Time: Tuesday, Feb 21, 2023, 07:00 PM Central Time (US and Canada)

Join Zoom Meeting

https://us02web.zoom.us/j/88471442579?pwd=ZWd5eStzYS9MLytQeXQvdm5tMFI1Zz09

Meeting ID: 884 7144 2579

Passcode: 557447

One tap mobile

+13462487799,,88471442579# US (Houston)

+12532158782,,88471442579# US (Tacoma)

Meeting ID: 884 7144 2579

Find your local number: https://us02web.zoom.us/u/kcD6oPm03

Revenue Committee & Financial Reporting & Tax Committee

The Revenue Committee will be holding a combined meeting with the Financial Reporting group. The monthly meeting on February 16, 2023 at the Whitehall Hotel from 3:00 pm to 5:00 pm. 

The guest speaker for the Revenue Committee will be Chase Gentry, Ernst & Young Senior Manager. He will be speaking on the topice of developments in accounting and reporting.

Chase Gentry joined Ernst & Young in September 2010 and is currently a Senior Manager in the Houston Assurance practice. He has more than 12 years of experience in public accounting serving a diverse portfolio of clients consisting of SEC registrants, private equity partnerships and LLCs, and not-for-profit entities in the energy, health, and life sciences sectors. Clients served range in life cycle and size from new start-ups to multi-national corporations.

Chase is a 4^th generation Houstonian, and he graduated from Texas A&M University with a degree in Accounting. In his personal time, he enjoys spending time with his wife Katie and their three kids James (7), Jonathan (4), and Hallie (2). He and his wife are Directors of an Life Bible Study (LBS) class at Houston’s First Baptist Church and Chase coaches youth sports year around. 

Discussion and overview of developments in accounting and reporting, including financial reporting updates, SEC reporting developments, and trends in SEC comment letters. Key developments and updates include the SEC’s climate proposal as well as recent ESG and reserves benchmarking data for US oil and gas companies. 

Learning Objective:

By the end of this presentation, you will be able to:

1.     Discuss recent accounting pronouncements and potential considerations for oil and gas entities

2.     Identify ongoing projects on the FASB’s agenda and relevant status updates

3.     Share trends and observations from SEC activities and staff comments that may affect oil and gas entities

4.     Discuss the current ESG reporting trends and the SEC’s proposal for future ESG reporting, including the related industry response

The speaker for the Financial Reporting group will be David Carter, RSM US LLP. David will be discussing Cyber Risks in Oil and Gas Entities.

David Carter is the Director of Security and Privacy Risk at RSM, with over 13 years of experience in security governance, risk management, compliance and architecture. He is the national subject matter leader for security governance, risk and compliance, with a focus on industry security for energy companies. He holds certifications in Certified Information Systems Security Professional (CISSP), Payment Card Industry Qualified Security Assessor (PCI QSA), and Cybersecurity Maturity Model Certification Registered Practitioner (CMMC RP).

Delivery Method: Group Live

CPE Credits: 1 for each hour

Field of Study: Specialized Knowledge/Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed

Registration Cost: $0 for PASH Members

Joint Interest Committee

The JI Committee will be holding their monthly meeting on February 16, 2023 from 3:00 to 4:00 pm.

Guest speaker will be Deb Retzloff. She will be discussing COPAS Publication Process Highlights & Initiatives. Deb retired from ExxonMobil after 32 years of service and is currently an independent consultant. Deb served over 25 years in joint interest accounting and auditing functions. Deb joined COPAS in 1995 and served as the JI Chair until 2000. She has been an active member of PASH. She served as PASH President in 2008-2009. Deb served on COPAS Board of Directors beginning in 2009 and end her 2^nd term on the Board in 2015. She was the COPAS President during 2014.

Deb had led 3 COPAS document drafting teams and participated on several other projects. Deb was named the COPAS Eagle award recipient in Fall 2018. When she is not busy with consulting and COPAS, she loves to read, scrapbook, and listen to light jazz and Christian music. She is also a commissioned Stephen Minister.

Delivery Method: Group Live

CPE Credits: 1 for each hour

Field of Study: Specialized Knowledge/Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed

Registration Cost: $0 for PASH Members

Golf and Picnic Committee

Dinner Speaker/Topic 

Please join us in welcoming Brandon McGaughey. Brandan is a Partner in the Audit Department of the Houston office of Grant Thornton LLP in addition to serving as the local Partner of Practice Development. 

Brandan will be giving an update on current US GAAP Accounting rules/pronouncements and practice issues.

Experience

Brandan has over 16 years of experience serving large and small clients in both public and private arenas, including certain clients with significant foreign operations.

Sector experience

He serves on several of the industry teams in Houston with experience in the energy, manufacturing, distribution, real estate, and healthcare industries. Brandan’s clients have included Tetra Technologies Inc., CSI Compressco LP, Concho Resources Inc., Continental Resources Inc., Callon Petroleum Company, Applied Optoelectronics Inc., Waste Connections Inc., Key Energy Services Inc., Red Willow Production Company, Endeavor Energy Resources, Contango Oil and Gas Company, The Lionstone Group, and Earthstone Energy, Inc.

Professional qualifications and memberships

CPA – Texas

Texas Society of Certified Public Accountants – Houston Chapter

AICPA

Community involvement

Brandan is a volunteer with the Houston Livestock Show and Rodeo for over 17 years as well as a fundraiser with the National MS Society for over six years.

Education

Bachelors of Business Administration, Accounting – Texas A&M University

Masters of Science, Finance – Texas A&M University

Delivery Method: Group Live

CPE Credits: 1

Field of Study: Specialized Knowledge/Accounting

Program Level: Basic

Prerequisites: None

Advance Preparation: None needed

Registration Cost: $0 for PASH Members

Please respond with dinner reservations by Thursday, February 9th at 12:00 PM Noon, otherwise you will be placed on the dinner wait list. 

Please inform us if you have special dietary requests, such as gluten free or vegetarian. 

Member Benefits & Resources

Leadership Opportunities

Looking for a chance to be more involved and expand your leadership skills? Reach out to Karla at karlaz.pash@gmail.com to learn more.

PASH Website

Visit us at www.pashcopas.org today to learn more about the society.

• View the latest job postings for oil and gas accounting opportunities
• Find contact information for PASH leadership and access the membership directory (login required)
• Access membership information and applications to share with colleagues
• Access historical monthly PASH Newsletters

Petroleum Accountants Society of Houston Federal ID 76-0673831

COPAS Membership Discounts

Did you know that as a COPAS member you are entitled to reduced rates from several rental car companies? Use the following IDs to get discounts with:

• Avis:      AWD - L039224
• Hertz:     CDP - 1970958
• National:   Contract ID - ESHB51C (includes Loss Damage Waiver)
• Enterprise: Customer Number - SB00001, Pin - ENT

For more savings opportunities, log in to COPAS and visit http://www.copas.org/memberbenefits

COPAS Website 

For COPAS information, you can visit the website at www.copas.org or call 877-992-6727.

• Draft documents
• COPAS meeting information
• Educational opportunities
• Maintain your delivery preferences for the COPAS Accounts Magazine

Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.