Department of Accountancy extends expertise to Cooperative Officers
by Ian S. Embradura, OPI
Non-accountant treasurers and audit committees of the Cooperative Union of Iligan City (CUIC) were taught the basics of accounting in a two-day seminar workshop led by the Department of Accountancy.
The seminar workshop, held at the CUIC Regional Training and Marketing Center in Suarez on June 24-25, is the second of the series of trainings and activities the College of Business Administration and Accountancy (CBAA) has in store for CUIC for the whole year. It only took days after the MOA was signed between CBAA and CUIC when the first seminar was conducted by the CBAA’s Department of Marketing.
The nature of the said seminar workshop equipped the participants with the knowledge and skills that are basic in accounting. Faculty Extension Coordinator of the Department of Accountancy Prof. Tressa Maye H. Salarza explained the rationale behind the target participants: though the cooperatives have their respective accountants, CUIC found it important that treasurers and audit committees have the knowledge of bookkeeping, journalizing, and the basic concepts in accounting.
Unlike teaching Accountancy to undergrads, Prof. Salarza explained that they had to align their lectures and training materials according to the framework of a cooperative.
It is befitting the faculty members of the Department of Accountancy to share their expertise and to extend their services beyond the classroom and not just produce future CPA graduates, but also to make accountants of those who are in this line of work that requires primarily, accountability.
Topics : Accountancy Cooperataive