DA hosts Orientation Seminar on Effective Financial Management

DA 5 Regional Executive Director Jose V. Dayao (inset) addresses the participants; Rosario C. Sales (inset), Chief of the Finance Division discussed the overview of the seminar; and Porferio B. Peña, head of the DA 5 Procurement Unit, raise a question during the orientation-seminar on Effective Financial Mgt.

NABUA, CAMARINES SUR. -- Government expenditure is indispensable to attain economic development. Each agency is mandated to judiciously use its monetary resources towards the attainment of its objectives with utmost transparency and accountability.

Along this line, the Finance Division of the Department of Agriculture sponsored an In-house Re-orientation Seminar on Effective Financial Management cum Team Building to review and update existing policies on the disbursement flow of financial transactions of the office. The three-day seminar was held at the Macagang Business Center here on November 8-10, 2012. It was attended by 75 participants composed of liaison officers and inspectors of the various operating units, divisions and Research Outreach Stations in the 6 provinces; regional staff involved in the processing of vouchers; and representatives from the Bid and Awards Committee (BAC).

DA Bicol Regional Executive Director Jose V. Dayao in his welcome remarks said that the seminar will help participants to achieve smooth and stress-free conduct of financial transactions, and also the service providers of the agency such as suppliers and contractors because with the more systematic flow of vouchers and necessary documents, they are assured of prompt payment for goods and services delivered.

Amy Maria Deniega, Exec. Assistant at the Sorsogon Provincial Management Office, in the Office of the Governor facilitated the team building.- Lovella P. Guarin