Agri-10 backs bookkeeping, basic accounting workshop for Kadiwa farmer-bens in Mindanao

 

CAGAYAN DE ORO CITY – In its bid to build stronger agribusiness enterprises, the Department of Agriculture – Central Office, through its Agribusiness and Marketing Assistance Service (DA-AMAS), staged a Workshop on Bookkeeping and Basic Accounting for Non-Accountants on August 25 to 29, this city.

Hosted by the DA-Regional Field Office 10 Agribusiness and Marketing Assistance Division (AMAD), the five-day activity gathered participants from Farmers’ Cooperatives, Associations (FCAs) and Farm/Food Enterprises or Agrifood Enterprises (FFEs/AFEs) in Mindanao who are beneficiaries under the Kadiwa Financial Grant program.

The training aimed to equip participants with fundamental knowledge and practical skills in bookkeeping and basic accounting. By learning how to accurately record, analyze, and manage financial transactions, participants are expected to enhance the financial capability of their respective agribusinesses.

Topics covered during the sessions included the proper documentation of financial records, preparation of simple financial statements, and an understanding of cash flows in agribusiness operations. Likewise, practical exercises and workshops were done to reinforce their understanding of these concepts.

The workshop forms part of DA’s continuing efforts to empower farmers, fisherfolk, and agripreneurs through capacity-building interventions beyond production support, fostering financially resilient enterprises that can actively participate in markets and drive regional growth. It also supports the administration’s Para sa Masaganang Bagong Pilipinas directive, which envisions a food-secure nation through empowered and competitive farmers, fisherfolk, and agripreneurs.# (EJLG)