BASIC PRINCIPLES OF FINANCIAL MANAGEMENT. Officers and members of Agrarian Reform Beneficiaries Organizations from different towns in Agusan del Norte province learned about the basics of financial management in a series of seminars and workshops recently organized by the Provincial Agrarian Reform Office headed by PARPO II Andre Atega. photos by gil miranda
By GIL MIRANDA
BUTUAN CITY – The Department of Agrarian Reform (DAR) in Agusan del Norte conducted nine rounds of seminars on financial management to nine Agrarian Reform Beneficiaries Organizations (ARBOs) from different towns in the province.
More than 300 ARBO and cooperative officers and members made their presence felt as they actively participated in the proceedings as they gained practical knowledge and analysis of their respective organizations’ activities.
DAR Point Person Luningning Buque-Ycoy said the resource speakers were from training partner institutions accredited by the Cooperative Development Authority (CDA).
“The seminars were aimed at enhancing the participants’ understanding of the tool on financial analysis in order to create their own systematic plan, both for short and long-term usage and to determine the status of their operation as basis for decision-making,” Ycoy said.
“The workshops on basic financial management were in preparation for different social delivery services from DAR that will contribute to the growth of farmer-beneficiaries through their organizations in the province,” Ycoy explained.
Bienvenido Osa, manager of San Antonio Integrated Farmers Multi-Purpose Cooperative (SAIFMULCO), acknowledged that the financial management training will “greatly benefit” his organization and thanked the DAR for its continuing efforts to expand the ARBOs knowledge in managing their affairs.
Perlita Madaje of Rosario Samahang Nayon Multi-Purpose Cooperative (RSNMPC) said, “As a bookkeeper, the training contributed basic knowledge in handling our financial operation.”
“Makahatag kini og dakong kaayohan sa pinansiyal nga pagpadagan sa among kapunongan (This will greatly help in running our organization in terms of financial management),” Madaje added.
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