The training on "Financial Analysis for Partner Cooperatives" was organized from November 26-27 in Pokhara by RMDC. It was participated by 26 officials including Chairpersons, Operation Managers and Senior Accountants of 16 partner cooperatives of RMDC.
The main objective of the training was to aware the participants with financial and portfolio analysis tools so that they can properly assess their organizations' financial status and can make appropriate decisions , prepare plans and strategies to better their financial health and attain sustainability in the future. The major topics included in the training were: Concept of financial analysis, Formatting of financial statements and their relations with each other, financial portfolio analysis, Efficiency, productivity, profitability tools etc.
The methodology of the training was participatory and exercise based. The resource persons of the training were Mr Pritha Bahadur Thapa, Manager and Mr Basu Dev Lamichhane, Senior Officer of RMDC. The training program was coordinated by Ms Annapurna Shrestha, Manager of RMDC. During the closing session participants expressed that they had acquired a lot of knowledge and skills in financial analysis. Mr Thapa urged all the participants to apply the knowledge and skill acquired from the training on their respective jobs. Ms Annapurna Shrestha thanked all the participants and the resource persons for their contribution and active participation in the training.