Basic Accounting & Financial Analysis for Board of Directors


Rationale

The course demystifies both the process of accounting and the jargon it uses to enable rural bank participants understand and appreciate their inherent usefulness of the wealth of information their accounting system provides via the financial statements and ratios.

Learning Objectives:

At the end of the two (2) - day seminar, the rural bank participants will be able to:

1. Define and describe the basic accounting terms used in business transactions;
2. Recognize the accounting cycle and how financial transactions are summarized into meaningful financial statements;
3. Analyze financial transactions and determine the appropriate accounting entries;
4. Translate financial statements and ratios to valuable information as one of the basis of coming with a sound business decision; and,
5. Identify the limitations of accounting in recording and interpreting basic financial data.

Course Outline:

ACCOUNTING: WHAT AND WHY

THE GIVE AND TAKE NATURE OF FINANCIAL TRANSACTIONS

MAJOR ACCOUNT CLASSIFICATIONS

THE ACCOUNTING EQUATION AND DOUBLE-ENTRY BOOKKEEPING

ANALYSING FINANCIAL TRANSACTIONS USING THE ACCOUNTING EQUATION

THE BOOKS OF ACCOUNTS

WALKING THROUGH THE ACCOUNTING CYCLE

THE FINANCIAL STATEMENTS: WHAT DO THEY EXACTLY CONTAIN?

OBJECTIVES OF ANALYZING FINANCIAL STATEMENTS

HORIZONTAL AND VERTICAL ANALYSIS

INERPRETING FINANCIAL RATIOS

LIMITATIONS OF FINANCIAL ANALYSIS

Seminar Methodologies

Lecture-discussion
Class exercises

Duration: 2 Days

Expected Participants

Board of Directors, Presidents

The Organizers

RBAP
RBRDFI

Resource Speaker

Dr. Epictetus Patalinghug
UP Diliman

Dave Vincent Borja
UP Diliman


REGISTRATION FEES

Manila Trainings : P3,800.00 per participant
Note:
* A maximum number of 30 participants.
* Registration fee per participant includes: payment for honorarium of resource speakers, hand-outs & kits, IDs, Certificates of Completion, invitation and coordination services of RBAP/RBRDFI staff, cost of the training venue, meals of resource speakers and RBAP/RBRDFI staff, transportation of the resource speakers to and from the venue, and secretariat services during the training.
*Participants who will be able to pay 2 weeks before the scheduled training are entitled to a 5% discount from the above registration fee.






Circular Letters/Memoranda
Speeches/ Presentations
Photo Gallery
Rural Banking Week Celebration Golf Tournament
FMMRB Disclaims the White Paper Being Circulated
Federation of Batangas Rural Bankers -Fellowship Trip to China, Sept. 08-13,'08
Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector
Financial Reporting Package 2008
BSP releases regulations on liquidity, market risk weighting
Comments on BSP’s Reducing Restrictions on Bank Branching
35 RB Directors Completed Corporate Governance & Risk Management Course
27th Corporate Governance & Risk Management Seminar-Workshop Commends 29 RB Directors