Purpose
COA Circular No. 2012-001 was issued by the Commission on Audit in 2012 to prescribe the revised guidelines and documentary requirements for common government transactions.
Common Government Transactions Covered
💡 Liquidation of Cash Advances
💡 Fund Transfers to Non-Government Organizations / People’s Organizations (NGOs/POs)
💡 Transfer of Funds to Implementing Agencies
💡 Transfer of Funds from Trust Fund to the General Fund for Unspent Balance/Excess
Amount
💡 Payment of Salaries
💡 Payment of Allowances, Honoraria and Other Forms of Compensation which include the following:
- Personnel Economic Relief Allowance (PERA)
- Representation and Transportation Allowance (RATA)
- Clothing/Uniform Allowance
- Subsistence, Laundry and Quarters Allowances
- Productivity Incentive Allowance (PIB)
- Special Counsel Allowance
- Honoraria of Government Personnel involved in Government Procurement
- Honoraria of Teaching Personnel (DepEd, TESDA, SUCs and other 21 educational institutions)
- Honoraria of Governing Boards of Collegial Bodies
- Honoraria of Lecturer/Coordinator
- Honoraria for Special Projects
- Honoraria for Science and Technological Activities
- Hazard Duty Pay
- Longevity Pay
- Overtime Pay
- Year-End Bonus (YEB) and Cash Gift (CG)
- Retirement Benefits
- Terminal Leave Benefits
- Monetization of Leave Credits
- Loyalty Cash Award/Incentive
- Collective Negotiation Agreement (CNA) Incentive
💡 Payment of Utility Expenses
💡 Payment of Telephone/Communication Services
💡 Payment of Extraordinary and Miscellaneous Expenses
💡 Documentary Requirements for Procurements through Public Bidding
💡 Documentary Requirements for Procurements through Alternative Modes
💡 Documentary Requirements for procurement through ADA or direct payment
💡 Cultural and Athletic Activities
💡 Human Resource Development and Training Program
💡 Financial Expenses
💡 Road Right-of-Way (ROW) / Real Property
COA Circular No. 2012-001 also provides the principles governing the financial transactions and operations of any government agency as provided under Section 4 of Presidential Decree (PD) No. 1445 and the general requirements for all types of disbursement.
More details
COA Circular No. 2012-001 can be downloaded or printed through the COA’s website.
