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BMKQ conducts seminar on Basic Accounting & Bookkeeping, Intro to Feasibility Study Preparation

As Bayanihan ng Manggagawa sa Konstruksiyon ng Qatar (BMKQ) pushes through its skills training programs among migrant workers in Qatar to upscale their competence and acquire new skillsets, the Education and Training Committee (E&TC) of BMKQ, through the support of Building and Wood Workers' International (BWI) organized and conducted a one-day seminar on Basic Accounting and Bookkeeping. The seminar, which was attended by 41 workers from various job sectors and organizations, also included an introduction to Feasibility Study preparation and a pre-membership orientation intended to those who wanted to join the organization.

"We have designed this seminar to be in layman's terms and therefore comprehendible by beginners in accounting or bookkeeping tasks. The target is for the participants to learn the basics of Accounting and Bookkeeping so they may be able to use in their own organization, personal livelihood endeavors, and even add-up to their career's qualifications', said Mr. Eliseo S. Bermido - Chair of BMKQ's Education and Training Committee.

The basic accounting and bookkeeping seminar outlines topics and workshops such as accounting and its importance, definition and scope of accounting and bookkeeping, accounting reports, accounting elements, recording transactions, general journal, general ledger, trial balance, cash flow management, and budgeting. Mr. Elmer Hilario Espiritu, CPA, CMA, who is also a former president of PICPA-Doha was the resource lecturer on these topics.

Engr. Meliza M. Ortiguerra - BMKQ President also highlighted that this seminar is important in preparation for migrant's workers reintegration, which is of course unavoidable, as migrant workers are bound to go home for good in due time. Hence, introductory topics on writing a Feasibility Study were included in the seminar for the participants to have an overview of the importance of studying and documenting the feasibility of a business that migrant workers may engage into. Engr. Ortiguerra added that there are more skills training BMKQ is set to conduct in the coming months until the first quarter of next year and continues to encourage migrant workers to join the BMKQ.

Engr. Ressie Fos, PMP, PMI-RMP - a project and risk management professional tackled on feasibility study introductory topics. Engr. Fos who also serves as BMKQ's adviser, told the participants that BMKQ is looking at the possibility of conducting a more comprehensive and focused session on writing a Feasibility Study in the coming months, most-likely after majority of BMKQ's livelihood programs have been concluded.

The seminar was concluded with a pre-membership orientation session facilitated and presented by Ms. Cheryl Marielou V. Cayaban - faculty member of BMKQ E&TC and the current President of HERO-Qatar; oath-taking of new BMKQ members before Engr. Belinda E. Dela Cruz - Chair of BMKQ Membership Committee, and lastly distribution of certificates of completion to participants.


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