2. Objective
• To show finance members the way we are going
to register our financial transactions and the
auditory procedures to develop at the end of the
year.
4. Accounting file
• Use to register our financial transactions.
• Give us our financial statements.
• Is a protected file.
• You can modified the file called Libro Diario.
• The file called Balanza de comprobacion y estados financieros is
totally linked with the file Librio Diario.
• The password to unblock Librio Diario is the number 1
5. Activities
• Register Assets. (MC manages fixed assets accounts)
▫ Cargo means that an asset is increasing (Ej. Cargo in a bank
account means that you receive money)
▫ Abono means that an asset is decreasing (Ej. Abono in a bank
account means that you are withdrawing money)
• Register liabilities. (MC manages long term debt)
▫ Cargo means that a liability is decreasing (Ej. Cargo in an account
payable means that you pay)
▫ Abono means that a liability is increasing (Ej. Abono in an account
payable means that you are recognizing the debt)
6. Finance as functional area
• Register Capital. (MC manage these accounts)
▫ Cargo means that you are decreasing Capital (Ej. Cargo in Capital
account means that you are making reinbursement to
stakeholders)
▫ Abono means that you are increasing Capital (EJ. Abono ina a
capital account means that you are recognizing capital
contributions)
• Register Incomes. (MC manages cargos in these accounts)
▫ Cargo means that you are decreasing incomes. Generally cargos
are used to correct mistakes)
▫ Abono means that you are recognizing an income.
• Register Expenses. (Expenses are recognized according to their
objective)
▫ Cargo means that you are recognizing an expense like buying
paper sheets.
▫ Abono means that you are decreasing the expenses. Generally
abonos are used to correct mistakes.
7. Activities
• Register Assets. (MC manages fixed assets accounts)
▫ Cargo means that an asset is increasing (Ej. Cargo in a bank
account means that you receive money)
▫ Abono means that an asset is decreasing (Ej. Abono in a bank
account means that you are withdrawing money)
• Register liabilities. (MC manages long term debt)
▫ Cargo means that a liability is decreasing (Ej. Cargo in an account
payable means that you pay)
▫ Abono means that a liability is increasing (Ej. Abono in an account
payable means that you are recognizing the debt)
8. Finance as functional area
Audit procedures
• To review our trasactions are correctly
registered.
• The support for our transactions is valid.
• To ensure the compliance with legal obligations.
• We will run 3 internal audits during the year.
• The first one will be in december 2012, we will
check the MC account.
• Review the support documentation
• Issuance of an Audit report with our
observations.
9. Finance as functional area
Doubts.
• MCVP
▫ Jose Noguera:
jose.noguera@aiesec.net
www.facebook.com/jose.noguera.98
• National Support Team
▫ Zaira Bonilla :
zaira.zaira@aiesec.net
www.facebook.com/zaira.jeraldin
