SIWIBA Intermediate Book Keeping Training
Book keeping is a fundamental approach and a part of managing finance in any money making or business process.
The Solomon Islands Women in Business Association last week focused on the discipline in a two days training, last week Thursday and Friday at the SIWIBA Business Development Center, NPF Plaza.
The training which closed yesterday captured some depth application for small business operation which is necessary to achieve immediate and sustainable results. Members discovered facts to execute proper management of keeping proper financial records in all transactions within business.
Participants were told that many businesses failed to operate due to lack of expertise on proper financial proper recording.
For SIWIBA members, this is really important to grasp since most business operation depends on daily cash basis which makes them very vulnerable to cease business growth. In many situations, book keeping records are programed through computer software for easy management and efficiency. However, not all women in business have access to the resource thus the course is just right for all business operation as it involves relative practical sessions , discussions and theory.
For some participants, the training is a recap as it is an area of high importance for business owners who spend most of their times on overall management of their business operation whilst for new business owners, this is a new step forward in their business career.
A young and active member of SIWIBA, Ms. Abyliyn Aitorea said the training was interesting and quite technical.
“Book keeping is really important for business and when it comes to recording, if a quantity is wrong, the whole record will be affected so I am so fortunate to go through this training and learn more.”
The training was facilitated by private business consultant, Mrs. Celia Kopana who has accreditation to coordinate business trainings.
Participants received certificates at the end of the training yesterday.
SIWIBA acknowledge the Australian Government through DFAT as the lead donor to make the trainings possible for the Association members.