000			02992nam a22002057a 4500
003			laup
005			20230824155559.0
008			210709b ph ||||| |||| 00| 0 eng d
040			_aLAUP _cLa Union Provincial Library
082			_aDIS 657.3 B41f 2017
100			_aBeltran-Castillo, Deborah I.
245			_aThe Financial reporting system of selected DOCT and DTI assisted Micro, Small and medium enterprises in region 1 / _cDeborah I. Beltran-Castillo.
260			_aVirgen Milagrosa University Foundation : _b[s.n.], _c2017.
300			_axv, 211 pages : _bcolored illustration ; _c28 centimeter.
504			_aBibliography: pages 137-142.
520			_aResearches conducted by various individuals and institutions reveal the significance of following a standard by a standard-setting body in order to achieve transparency and reliability in financial reporting. However, compliance to the standard by Micro, Small and Medium Enterprises (MSMEs) proves to be very challenging. Hence, an assessment of the financial reporting system of selected DOST- and DTI-assisted MSMEs in Region 1 was conducted. In conducting the study, the researcher sought the approval of DOST and DTI Region 1 offices to conduct a research through written survey questionnaire and oral unstructured interviews to be answered by DOST-and DTI-assisted MSMEs. Upon approval of the request, the researcher prepared a survey questionnaire for validation. After validation of the content, the survey questionnaires were distributed to the respondents during training and seminars conducted by DTI in the provinces of Pangasinan, La Union, llocos Sur and locos Norte. To supplement the data gathered, some were chosen to answer the oral unstructured interview. In addition to these, documentary analysis was undertaken. The study revealed that majority of the respondents are into manufacturing business; sole proprietors with capitalization of not more than P3 Million; operating for less than three years; use a combination of manual and computerized accounting system; do not use accounting forms and books of accounts to document their transactions; gave emphasis to income statement only and opted to use income tax basis as their financial reporting framework; moderately compliant to and moderately aware of financial reporting standards for micro-sized entities; and are moderately knowledgeable of processing transactions and preparing financial reports. The output of the research is a module on financial reporting for business entrepreneurs which will serve a guide in the preparation of their financial reports. It is therefore strongly recommended that the module on financial reporting for business entrepreneurs be considered by DOST and DTI in designing and giving training and seminars to the DOST- and DTI-assisted MSMEs in Region 1.
541			_aCHED-La Union _cDonation _dJanuary 21, 2021
650			_aFinancial statements.
942			_2ddc _cDIS _h657.3 _iB41f _kDIS _m2017
999			_c9913 _d9913