Who Should Join the Webinar?

 Entrepreneurs and business owners

 Business analysts and decision-makers
 Bookkeepers and accounting assistants
 Employees, officers, and managers of businesses

OUTLINE OF TOPICS

Session 1 - Accounting as the Language of Business

This session introduces accounting as the language of business. It clarifies the
different types of business transactions that impact on the accounting process.
Discussions will provide the participants with working knowledge on how accounting
information could be used in various functions of the management, specifically in
making business decisions.

 Business Transactions, Supporting Documents, and Books of Accounts

 The Accounting Process
 Types of Financial Information
 Business Decisions Derived from Accounting Information
 Accounting Information System Requirements
 Types of Business and Forms of Business Organizations
 The International Financial Reporting Landscape

Session 2 – Capturing Business Transactions in the Books of Accounts

This session covers the constructive phase of accounting and details the steps in the
accounting cycles. The focus will be on the different books of accounts that should
be maintained by an organization.

 Chart of Accounts
 Specialized Books of Accounts
 Need for Adjusting Entries
 Mandatory Accounting Procedures

Session 3 – The Structure and Contents of the Financial Statements

This session deals with the structure and contents of the balance sheet and income
statement. It covers the classification of assets, liabilities, owners/shareholders’
equity, income or revenues, and expenses.

 Current and Non-Current Assets

 Current and Non-Current Liabilities
 Owners’ or Shareholders’ Equity
 Presentation of Income and Expenses

RESOURCE SPEAKER
Error! Filename not Speaker: Dr. Rufo R. Mendoza
 Former Vice-Chair for Professional Regulatory Board of
Accountancy
 Fifteen (15) years of meaningful experience in tax practice
 Seven (7) years as Revenue Officer of the Bureau of Internal Revenue (BIR)
and eight (8) years as tax practitioner.
 Tax lawyer of Quasha Ancheta Peña Nolasco Law Office.
 Professor at the University of thee East and Pamantasang ng Lungsod ng
Maynila, where he taught accounting and taxation
 Began his professional career as an associate auditor of Sycip Gorres
Velayo and Co. (SGV & Co.) in 2004
 Assigned in several BIR Special Task Force such as drafting the BIR
Industry Audit Manual and tax compliance audit of government agencies
 Received several commendations from the BIR including consistent Top
Revenue Collector in BIR Mandaluyong from 2009 to 2011
 A resource person and speaker for various Continuing Professional
Development (CPD) tax seminars
 Served as PICPA WMMC Committee Chairman for Taxation
 A Committee Chairperson for Regulatory of Association of ACPACI