A – Assets = Liabilities + Equity is still the formula.
B – Be the best accountant of the government. That’s the best service you can give to the Filipino people.
C – Carefully record your obligations and disbursements. It will save you a lot of time from finding that missing centavo.
D – Don’t force balance. It’s a sin in accounting.
E – Errors do happen. Adjust your journal entries accordingly.
F – Faithfully adhere to our code of ethical standards.
G – Get a good night sleep whenever you can. There are a lot of sleepless nights ahead.
H – Health is wealth. And we also account wealth, right?
I – Integrity makes Accountant respected. Hence, preserve it.
J – Just always ensure to pay compensation on time, if not earlier, and everyone will love you for it.
K – Know your laws, rules and regulations. It will save you from future suits.
L – Leave politics to the politicians. Yours is accounting.
M – Makes no overdraft. It’s a no-no in government accounting and budgeting.
N – Never sign a disbursement voucher without complete supporting documents.
O – Often they will hate you for being strict. But do it anyway. Just be respectful.
P – Penalties hurt. So file your taxes on time.
Q – Quietly provide excellent service. They may not appreciate you all the time but do it anyway.
R – Religiously file your reports. It will help you a lot when you prepare your next reports.
S – Say no to stealing government money. Give justice to your profession.
T – Time is your most valuable asset. Use it wisely.
U – Use all available networks to connect with fellow accountants in the government. Join GABOTAF, you will surely learn a lot here.
V – Value the assistance given to you by your colleagues. You can’t do things alone.
W – Work closely with your Resident Auditor. A good working relationship with her/him will make your work easier.
X – eXamine contracts, purchase orders, and plans carefully before you sign/give a certificate of availability of funds.
Y – You better prepare your reports early. Some “intervening” tasks may come to you unexpectedly.
Z – Zealously do your job and be always grateful for it.
What does the first letter of your name say about about government accounting? Copy and paste in the comments section below.
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