Empowering the farmers with Audit Management Training

The participants of the Audit Management Training in their different activities

AUDIT MANAGEMENT Training conducted by DAR under the leadership of Leonito M. Gaveria, OIC Provincial Agrarian Reform Program Officer II in partnership with SIDECO was successfully attended by thirteen (13) Agrarian Reform Beneficiaries’ Organizations (ARBOs) namely: Asenso Bulusan Credit Cooperative; BAMUCO; BHARBEDECO; BIGKIS Cooperative; BUFAFIDECO; CADECO; CABAMUCO; CARFADECO; JUMUCO; MADECO; SAFADECO; SCCPC; and SCDECO.

Thirty-four (34) trainees were grateful for this opportunity where they learned the important elements of internal audit; the books of accounts and other financial records of the cooperative; conducting the internal audit; and preparing the internal audit report.

“Most of us were high school graduate only, that’s why we are so thankful that at our age we were given this chance to learn these things which are taught in college. Our cooperative is just new, thus, we really need trainings like this,” said Isidro Gracilla, BOD Chairperson of Bigkis Cooperative in Irosin, Sorsogon.

According to Ignacio B. Espinosa, Chief Administrative Officer, if in the old days there is a saying that we have to live with our means, today, we have to live less than our means. It doesn’t mean that because there is money to spend it should be spent here and there. Cooperatives should monitor the coop’s money. It’s just like the target-budget procurement.

Audit Management Training is one of the five trainings under the Cooperative Strengthening Project of DAR. The first three were the Pre-membership Education Seminar; the Training on Strategic Planning; and the Records Management Training which have been conducted in the previous quarters. The other one is the Conflict Management Training which will be conducted by December 2015.