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BASIC ACCOUNTING FOR RURAL BANK OFFICERS |
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Rationale
In the business of banking, decisions to lend, to invest, and provide other financial services are made everyday not only by officers in the highest echelons of power but by ordinary employees to whom are entrusted the task of conducting the Bank’s day-to-day activities. It is therefore essential that all rural banks appreciate the need to provide their Bank officers with the opportunity to learn or, in some cases, to relearn accounting as a language, a process and a tool for decision making. Learning Objectives: At the end of the three (3) - day seminar, the rural bank participants will be able to: 1. Define and discern the value of for its various users; 2. Describe the various generally accepted accounting principles which guide accountants in the actual practice of accounting; 3. Appreciate the limitations of accounting in recording and interpreting basic financial data; 4. Elaborate on the basic accounting terms used in business transactions; and, 5. Analyze, record, classify and summarize financial transactions using journals, ledgers, trial balances and the basic financial reports. Course Outline: ACCOUNTING: WHAT AND WHY USES AND USERS OF ACCOUNTING INFORMATION GENERALLY ACCEPTED ACCOUNTING PRINCIPLES I THE GIVE AND TAKE NATURE OF FINANCIAL TRANSACTIONS MAJOR CLASSIFICATIONS OF ACCOUNTS THE CHART OF ACCOUNTS THE ACCOUNTING EQUATION ANALYZING FINANCIAL TRANSACTIONS USING THE ACCOUNTING EQUATION JOURNALIZING POSTING PREPARING THE TRIAL BALANCE GENERALLY ACCEPTED ACCOUNTING PRINCIPLES II PREPARING ADJUSTING ENTRIES PREPARING THE BALANCE SHEET AND THE INCOME STATEMENT PREPARING THE CLOSING ENTRIES PREPARING THE CLOSING ENTRIES PREPARING THE POST-CLOSING TRAIL BALANCE Seminar Methodologies Lecture-discussion Class exercises Individual exercises Duration: 3 Days Expected Participants Loan officers, Account officers, Bank officers The Organizers RBAP RBRDFI Resource Speaker Dr. Epictetus Patalinghug UP Diliman Mr. Dave Vincent Borja UP Diliman REGISTRATION FEES Manila Trainings : P5,000.00 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. |
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Circular Letters/Memoranda |
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Speeches/ Presentations |
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Photo Gallery |
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Rural Banking Week Celebration Golf Tournament |
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FMMRB Disclaims the White Paper Being Circulated |
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Federation of Batangas Rural Bankers -Fellowship Trip to China, Sept. 08-13,'08 |
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Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector |
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Financial Reporting Package 2008 |
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BSP releases regulations on liquidity, market risk weighting |
