Accounting for Non-Accountants II

Thursday - Friday 

9:00am - 5:00 pm

This sequel course to the more structured Module I is designed as an “accounting toolbox” to assist professionals who would like to put some semblance of order and security not only in their financial record-keeping but also in their transaction processing. It underscores the importance of handling and controlling cash. It also covers other basic accounting issues and procedures that are crucial in managing the day-to-day affairs of a firm.

A successful participant will:

• Process transactions for trading firms and understand the basics of inventory accounting and its underlying issues;
• Prepare and analyze a firm's statement of cash flows;
• Develop and operate the “imprest petty cash system”;
• Reconcile bank accounts and initiate procedures necessary to clear outstanding items;
• Process cash advance/expense liquidation; and
• Develop company accounting policies and procedures.

• Entrepreneurs
• Business owners  and decision-makers
• Other persons tasked to perform accounting or bookkeeping functions but do not currently possess the required training and/or skill for the job

This course, which includes lectures, interactive discussions, and practical applications, covers the following topics:

• Brief review of Generally Accepted Accounting Principles (GAAP)
• Trading Enterprise Accounting
• Inventory Accounting
• Cash Flow Statement Preparation and Analysis
• “Imprest Petty Cash System” Operation
• Cash Advance / Expense Liquidation
• Reconciliation of Bank Account Balances
• Financial Performance Monitoring
• Development of Company Accounting Policies and Procedures

is Director for Credit Programs at the Ateneo-BAP Institute of Banking, Program Director for Finance and Accounting at the Ateneo Center for Continuing Education and a Professor of Finance at the Ateneo Graduate School of Business. He is also Chief Financial Officer of a multinational construction and engineering firm and a diversified group of companies.

Mr. Esguerra has spent the greater part of his professional career in the financial services industry in the United States. Prior to his return to the Philippines, he was President and Chief Executive Officer of Golden Bay Federal Credit Union, a California-based, federally chartered credit union servicing the financial needs of military personnel and federal employees of the United States government. He also served as Vice President and Controller of Franklin Bank in Menlo Park, California; Associate Director of Capital Strategies Limited, a Hong Kong-based investment banking firm; and Resident Auditor of Citibank, N.A. in the Philippines.

Mr. Esguerra holds a Bachelors degree in accounting from the University of the Philippines and a Masters degree in Business Administration from the University of Phoenix. He is a Certified Public Accountant.