THURSDAY & FRIDAY, MAY 7 & 8, 2026 * 9:00AM TO 5:00PM
EDSA SHANGRI-LA HOTEL, MANDALUYONG CITY, PHILIPPINES
Financial statements are indispensable tools that provide vital insights for planning, decision-making, and effective control in any organization. Drawing from the multitude of daily transactions — each varying in nature and significance — these statements transform raw data into comprehensive reports that serve a diverse audience, including company owners, board directors, managers, creditors, and investors. Thus, a deep understanding of the information that financial statements offer is not just beneficial but essential.
In essence, financial statements act as the financial pulse of K to 12 schools, colleges, and universities. They empower boards and management teams to evaluate their financial performance year after year, illuminating key aspects such as income, expenses, assets, liabilities, and equity. Through these statements, one can expertly gauge liquidity, profitability, leverage, and other critical performance indicators.
Join us for an enlightening two-day training designed for anyone who engages with financial information in a school setting. This program aims to equip participants with a clear understanding of the “what”, “how”, and “why” of school financial reporting—enabling them to interpret reports with confidence, ask the right questions, and make informed, responsible decisions that support sound governance and sustainable school management.
He was the Chairman of Finance and Accounting Department and Program Director of the Master in Development Management in Public Finance at the Asian Institute of Management. He also served as Senior Vice President for Finance and Administration of De La Salle University, overseeing financial management, institutional planning, and administrative operations of one of the country’s largest private universities.
He was the Vice Chair of the Professional Regulatory Board of Accountancy and the Chair of Continuing Professional Development Council for Accountancy.
His current affiliations include Asian Development Bank as its National Capacity Development Expert in Public Financial Management and First Asia Institute of Technology and Humanities as its Dean of School of Graduate Studies.
His consulting experiences consist of engagements with The World Bank, Australian Agency for International Development, United States Agency for International Development, United Nations Development Programme, and European Commission.
He has written 4 books, 4 book chapters and over 50 research and technical papers.
Session 1 – Unraveling the Financial Intricacies of an Educational Institution
This session examines the characteristics of an educational institution in relation to its funding sources and how it utilizes its funds. It is grounded in the mission of the institution, which sets it apart from a traditional business entity. The session connects the organizational aspects of an educational institution with the management of its financial resources.
a. What distinguishes an educational institution from a traditional business?
b. What is the revenue model for an educational institution?
c. What factors contribute to the success of running an educational institution?
d. What are the common pitfalls in managing an educational institution?
e. What is the financial reporting landscape in an educational institution?
Session 2 - The Structure and Contents of the Financial Statements
This session constitutes the meat of the seminar. It covers the classification of accounts as shown in the financial statements and the contents of the three primary financial statements: balance sheet, statement of profit and loss, and statement of cash flows.
Session 2.1
A. Elements of the Financial Statements
B. Statement of Financial Position (Balance Sheet, at the end of the period)
C. Statement of Income and Loss and Other Comprehensive Income (for the period)
Session 2.2
D. Statement of Cash Flows (for the period)
E. Statement of Changes in Equity (for the period)
F. Notes to Financial Statements (comprising a summary of significant accounting policies
and other explanatory information)
Session 3 – Measures of Financial Performance
This session answers the question: Is your educational institution in the pink of health? It helps the participants analyze the financial health of the organization by using various analytical tools. The session goes beyond the numbers by exploring the more challenging tasks of determining the appropriate actions or strategies that can be undertaken relative to the company’s financial performance.
Session 3.1
A. Horizontal Analysis--Year-to-Year Change; Trend Analysis;
Compound Annual Growth Rate --Smoothed Growth Rate
B. Vertical Analysis
C. Workshop
Session 3.2
D. Analyzing Liquidity
E. Analyzing Activity
F. Analyzing Leverage
G. Analyzing Profitability
H. Other Financial Performance Measures
I. Small Group Workshop
Session 3.3
J. The Use of Financial Information for Decision-Making
K. Strategies to Enhance Financial Performance
Session 4 - Dissecting Risks in the Financial Statements
Using a set of actual financial statements of an existing educational institution, the session seeks to illustrate how companies identify, assess, and mitigate the risks.
A. Making Use of the Notes to the Financial Statements
B. Business Risks and Mitigation Measures
Requirement from the Participants: Laptop
Contact Person: Camille Joyce Jonas
Mobile Number (+63 939) 914-8689
Telefax: (+632) 8842-7148 or 59
Email: camille.cgbp@yahoo.com
