For greater appreciation and familiarity of participants of what makes up a cooperative, how it operates and subsists, and how its processes are being done especially when it comes to finance, NATCCO developed and conducted a seminar on mainly on accounting and bookkeeping with a brief background on the purpose and organizational duties of cooperatives.

This material contains a concise, yet helpful guide comparing accounting with simple bookkeeping, as well as various types of accounts present in cooperatives. In addition, the material on other important also gives a walkthrough on the accounting equation, accounting cycle, importance of gathering accounting information, and reading, determination, and analysis of different cooperative financial reports and statements. This resource would be helpful especially for those who are yet to know the basics of bookkeeping and accounting and those who have not been able to see how accounting is important in the financial management of a cooperative.