Step Up Consulting Services assisted the Bangsamoro Development Agency (BDA) in improving their financial management systems through the conduct of a financial management training course. The course was held in Davao City in February 2013.
Managing Consultant Michael Canares was engaged by the Development Academy of the Philippines (DAP) as faculty on financial management. The DAP and the Japan International Cooperation Agency (JICA) is implementing a Management Development Program (MDP) for BDA. The MDP for BDA is a broad modular program with four main courses: Personal Efficacy and Leadership; Managing a High-Performing Organization; Strategic Public Management; and, Governance and Development.
Mr. Canares was joined by Mr. Gilbert Lumantao of DAP as resource person for internal audit and internal control while he handled the sessions on financial management basics, planning and budgeting, reading and analysing financial statements. Participants of BDA were very thankful for the sessions. The president of the Board of Directors expressed that this was the first time that they were taught how to read and analyse financial statements. They also said that after the training they will be more cautious in signing financial reports prepared by their accountants and bookkeepers, as they now understand them.