All organizations would like to achieve profitability, healthy cash flows and financial stability. Financial statements are used to summarize and communicate their financial performance.
As part of the Understanding Financial Reports (Finance for Non-Finance) Program, this one-day module on Accounting for the Basic Financial Statements aims to equip the participants with the knowledge and understanding of the content of the financial statements so that they can link their functions in the organization with its financial results.
Module Objectives
At the end of the course, the participants would be able to:
Program Flow
Pre-session: Accounting Terms & Definitions (for Reading )
Module 1 (AM session: 08:30 AM to 12:00 NN)
I. Discussion of the Elements of the Balance Sheet
II. Discussion of the Elements of the Income Statement
Session Break
Module 1 (PM session: 01:15 PM to 04:30 PM)
I. Discussion of Common Taxes
II. Illustration of the Accounting Cycle (Accounting Link)
Method: Lectures, and worksheet exercises
Duration: 08:30 AM to 12:00 NN & 1:15 PM to 4:30 PM (GMT +8)
Intended Audience: Officers and staff involved in Collections.
Victoria “Porky” Calaquian. Porky has been teaching Accounting and Finance for more than forty years. She graduated from the College of Business Administration, University of the Philippines (Diliman). For about thirty years, she has been doing training and consultancy work for various companies (banks, manufacturing companies, gas and oil, etc) mostly doing seminar-workshops on Accounting for Non Accountants and Finance for Non-Finance.
In close partnership with government, businesses, civil society, and academia, ECCP passionately works to enhance the business environment for both European and Filipino companies.