NSCC Mounts Trainings on Internal Control and Strategic Planning for Cooperatives

The Nueva Segovia Consortium of Cooperatives mounted two consecutive trainings on Internal Control and Strategic Planning. The training was held on November 26-29, 2012 in Vigan City, Ilocos Sur. A total of 37 participants from 20 organizations attended the training on Internal Control while 31 participants from 20 organizations attended the Strategic Planning training.

The topics covered for the Internal Control training were: understanding risk management; business cycle approach for internal control; internal controls for human resources, accounting, administrative controls and inventory system; internal audit; audit committee; and external audit. On the other hand the topics covered for the Strategic Planning training include external analysis; internal analysis; institutional values; vision questing; clarifying the mission; setting objectives; formulating key result areas and performance indicators; generating strategic options; crafting programs, activities and tasks; and matching strategic plan with resources.

The trainers were evaluated with an excellent rating of 4.62 for both trainings. The highest rating possible is 5.00 and the lowest is 1.00.