Republic of the Philippines

BATANGAS STATE UNIVERSITY

The National Engineering University
ARASOF-Nasugbu Campus
R. Martinez St., Brgy. Bucana, Nasugbu, Batangas, Philippines 4231
Tel Nos.: +63 43 416 0350 local 204
E-mail Address: cabeihm.nasugbu@g.batstate-u.edu.ph | Website Address: http://www.batstateu.edu.ph

College of Accountancy, Business, Economics, and International Hospitality Management

REFLECTION PAPER FOR SUSTAINABILITY AND STRATEGIC AUDIT

Name Casihan, Reneé Ann Rose A. Course Code MAC 301

Program and BSMA 3202 Course Sustainability and Strategic
Section Description Audit

I. Seminar Details
Title Date Sponsoring Agency
1. UtACCay: Accounting Crash Course February 10, 2024 Ateneo de Davao University –
Accountancy Student Executive
Council
2. Webinar on Financial Literacy February 28, 2024 Knights of Online Marketers
Management: Empowering Filipinos in
Building Sustainable Wealth and
Securing a Bright Financial Future
3. Insight to Experience: A Way to Succeed March 11, 2024 Batangas State University
TNEU ARASOF-Nasugbu –
Junior
II. Reflection

Attending webinars on sustainability in the context of management accounting program I am

currently taking offers a unique opportunity to explore the intersection of financial management and
skills needed in the real-world situation. These webinars provided insights into how management
accountant students can contribute to sustainable business practices by integrating sustainability into
decision-making processes. By attending these webinars, I have gained valuable knowledge and
skills that are increasingly relevant in today’s accounting and business landscape where sustainability
is a key driver of long-term success.

The first webinar I attended entitled "UtACCay: Accounting Crash Course" provided a
comprehensive review of essential accounting software used by companies, making it an invaluable
resource for applying work in the future. Deeper understanding about advanced accounting tools that
students should know about was tackled because it has a big factor in doing work efficiently besides
having the knowledge in basic accounting concepts and theories. The webinar also highlighted the
importance of smart utilization of Artificial Intelligence where accountants should develop skills in
AI technologies to remain competitive in the evolving digital landscape of accounting. It makes the
work easier for accountants transitioning from clerical work to higher level value of work to provide
advice and analysis for a business. The speaker also introduced a cloud-based accounting system
which is XERO that is designed for small and medium-sized entities that can be used by non-
accountants. It is simplified for businesses to easily understand their operations.

The second webinar entitled “Webinar on Financial Literacy Management: Empowering

Filipinos in Building Sustainable Wealth and Securing a Bright Financial Future” highlighted key
strategies for individuals to improve their financial literacy and achieve sustainable wealth. I have
learned about the importance of budgeting, saving, and investing wisely to secure my financial
future. The webinar emphasized the role of financial education in empowering Filipinos to make
informed financial decisions and avoid common difficulties. Moreover, it underscored the
significance of planning for retirement and protecting against financial risks. One of the money
problems of Filipinos include spending spontaneously without a plan with 33% of Filipinos spending
more than they earn and 54% do not have a budget as surveyed by BSP Financial Inclusion Survey
(2021). Because of this, it contributes to more challenges which is weak savings culture with 63%
of the population admitting that they do not have savings. With this, the webinar provided practical

Leading Innovations, Transforming Lives, Building the Nation

 Republic of the Philippines
BATANGAS STATE UNIVERSITY
The National Engineering University
ARASOF-Nasugbu Campus
R. Martinez St., Brgy. Bucana, Nasugbu, Batangas, Philippines 4231
Tel Nos.: +63 43 416 0350 local 204
E-mail Address: cabeihm.nasugbu@g.batstate-u.edu.ph | Website Address: http://www.batstateu.edu.ph

College of Accountancy, Business, Economics, and International Hospitality Management

insights and tools to help Filipinos build a strong financial foundation and work towards a brighter
financial future.

The third webinar entitled “Insight to Experience: A Way to Succeed” provided priceless
insights for developing one's career. The necessity of adaptability in a world that is constantly
changing, the significance of continuing learning and self-improvement, and the significance of
resilience in overcoming obstacles were among the most important lessons I learned. The importance
of mentoring in assisting someone on their path to success and the role that experience plays in
acquiring knowledge were highlighted by the speaker. The webinar also emphasized the value of
persistence, the need to welcome change, and the contribution of a positive outlook for goal
achievement. Upon attending the webinar, I am urged to use all my experiences, either good or bad
as steppingstones to a successful career and contentment in life.

I have acquired insightful knowledge and practical skills from attending webinars on career
development, financial literacy, and sustainability. These topics can be used to both my personal and
professional development, with a particular emphasis on sustainability. From the "UtACCay:
Accounting Crash Course," I learned about essential accounting software and advanced tools,
emphasizing the importance of AI skills and cloud-based accounting systems. I can use this
knowledge to stay competitive in the digital landscape and contribute to sustainable business
practices through efficient financial management. The "Webinar on Financial Literacy Management"
highlighted the importance of budgeting, saving, and investing wisely, addressing common financial
challenges faced by Filipinos. I can apply these strategies to secure my financial future and promote
financial literacy in my community, contributing to economic sustainability. Lastly, the "Insight to
Experience" webinar emphasized the importance of adaptability, continuous learning, and resilience
in career development. I can use these insights to navigate challenges, seek mentorship, and leverage
my experiences for personal and professional growth, ultimately contributing to a more sustainable
and fulfilling career path.
III. Certificates

Prepared and submitted by:

RENEÉ ANN ROSE A. CASIHAN

BSMA 3202 Student
April 19, 2024

Leading Innovations, Transforming Lives, Building the Nation