Center for Global Best Practices

Cooperatives have their own language of business when it comes to preparation and interpretation of their financial statements.  If you want to do business with over 27,000 listed cooperatives in the Philippines, it is a must to master their unique accounting terminologies. With this, the Center for Global Best Practices will host a CPD-accredited program entitled, Understanding Cooperative Financial Statements to be held Thursday and Friday, September 6 & 7, 2018 at the Manila Marriott Hotel, Pasay City, Philippines. This pioneering, two-day program will provide you a comprehensive understanding of the cooperatives' financial statements under the Philippine Financial Reporting Framework (PFRS) . This user-friendly guide will address important issues such as knowing the difference between Cooperative Statement of Financial Condition vs. Corporation's Statement of Financial Position; Cooperative Statement of Operations vs. Corporation's Income Statement, and ...

As a business decision-maker, it is important to know how to read financial statements and interpret the numbers correctly in order to make right decisions for your business. This is also important to make sense of financial ratios and detect if there are inconsistencies in financial reports.  Because of the need for board directors and business decision makers to know this, the Center for Global Best Practices will conduct  a seminar called “ How to Really Read Financial Statements ” on June 23 & 24, 2011 at The Peninsula Manila, Makati City. This two-day seminar will teach you all that including how to spot important issues and ask intelligent questions in management and board meetings. This user-friendly format will teach you to understand not only balance sheets, income and cash flow statements, but also how to interpret those footnotes and disclosures on audit reports. You will learn how to make sense of those financial ratios and analysis to know if you have a healt...