October 18, 2013

Basic Knowledge of Accounting

TO         :  Melanie, Rezhell, Joy, Rica Joy, EPR

                 Other controller staff

SUBJECT :  KNOWLEDGE OF ACCOUNTING 

After endlessly following up the submission of FS last July with EPR, I made simple questions yesterday to test her and that of people working with her their knowledge of accounting;   they took up Accounting 101 and lo and behold, it was a disaster.

They do not know:   basic equation of accounting, uses of debit and credit.  Therefore to aspire for spreadsheet is a an illusion. 

WTDN:   workshops of accounting practice sets;   read  again accounting books and spreadsheets.

Today we have a workshop.  I would like to remind other controllers to watch out.  The chiefs must also strive to know what accounting is all about  so that they will know how to make reports, in case controllers are absent


CONFIDENTIALITY NOTICE/disclaimer:   The information contained herein is strictly confidential in nature and is the property of Holy Gardens Group and intended only for the intended recipient and its  retransmittal , reuse,reprinting or taking action other than the intended party is strictly prohibited. Holy Gardens assume no responsibility liability arising from such unauthorized use.

RRURAC:    Read, Respond, Understand, Reflect, Apply and Check

3 comments:

  1. Acknowledge po Sir

    Joy Casi
    CSS HAMP


    CONFIDENTIALITY NOTICE/disclaimer: The information contained herein is strictly confidential in nature and is the property of Holy Gardens Group and intended only for the intended recipient and its retransmittal , reuse,reprinting or taking action other than the intended party is strictly prohibited. Holy Gardens assume no responsibility liability arising from such unauthorized use.

    ReplyDelete
  2. Yes sir. Everyone must have knowledge of accounting aside from us Controllers. In order for them to be aware about their financial stability to understand why we need to hit all our targets on sales & collection. Because if we didn’t hit our plans or targets we cannot also obtain the estimated plan for developing our projects & to pay on time our obligations.

    Roshel F. Casillan
    SFC-Pangasinan

    ReplyDelete

1. One of our beliefs is learning. It pays that you learn more to do more Just to survive you have to learn how forage in a forest or raise your food, catch prey

2. In order to discharge your job well, you have to learn your admin plan the process flow and standards.

3. To keep up with changes, you have to learn and read. There is no other way

4. signify that you have read by putting your name on this comment box. Every staff must: post the name on this comment box, or like, agree/will do. Your registering on this comment box is being graded under communication. Observe RRURAC: Read, Reflect, Understand, Realize (apply to reality) Apply, and Check (if it works)
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