Los Baños Cooperatives Attend Free Training on Internal Control

Los Baños, Laguna – The Institute of Cooperatives and Bio-Enterprise Development (ICOPED), in celebration of the Philippine Cooperative Month, conducted a free training on Internal Control for Los Baños Cooperatives last October 12-13, 2017 at the ICOPED Auditorium, College of Economics and Management (CEM), University of the Philippines Los Baños (UPLB). This is part of the project entitled, “Capacity Building of Los Baños Cooperatives” under the UPLB Basic Research Program with Ms. Alicia R. Quicoy and Dr. JP Roma D. Domingo as the project leader and staff, respectively.
 
Dr. Salvador P. Catelo, ICOPED Director and Dr. Isabelita M. Pabuayon, Dean of CEM, welcomed the participants of the said training. In his speech, Dr. Catelo echoed the ICOPED’s active participation in Cooperative Month celebration in the country and promoted the ICOPED and its available services particularly on capacity building.  Hon. Ceasar P. Perez, Mayor of Los Baños, also graced the activity with an inspiring message. He was all praises to the efforts accorded by ICOPED to cooperative growth and development and encourages the Institute to cover also the other sectors such as the transport sub-sector.

Hon. Mayor Perez gives inspirational message

Dr. Catelo welcomes the participants

Ms. Mananghaya, resource person, lectures on Internal Control

Ms. Edna K. Mananghaya served as the resource person for the said training. Among the topics covered were: (1) internal and external audit, focusing on the roles and functions of the Audit Committee, (2) setting up effective internal control systems, and (3) implementation of an effective internal control and inventory system. Sharing of knowledge and experiences on these topics formed an integral part of the training.
 
Twelve cooperatives were represented by the thirty-eight (38) participants in  the two-day training, namely, the Southern Tagalog Rubber Producers Cooperative, Los Baños National High School Multipurpose Cooperative, Natures Science Top Credit Cooperative, UPLB Credit and Development Cooperative, Los Baños School of Fisheries Batch ’81 Multipurpose Cooperative, Kawayanan Bayanihan Multipurpose Cooperative of Malinta, Makiling Square and Compass Multipurpose Cooperative, Los Baños Employees Cooperative, ERDB Multipurpose Cooperative, Batong Malake Koop, New Batong Malake Public Market Multipurpose Cooperative, Samahan ng mga Operator at Drayber ng Los Baños, and the Laguna OFW Returnees Palay Producers Cooperative. Ms. Ligaya M. Tan, Cooperative Officer of Los Baños, and Ms. Marilyn D. Casiño, Manager of the Southern Luzon Region League of the Philippine Federation of Credit Cooperatives also attended the training.  JRDDomingo