Who audits the Commission on Audit (COA)?
Who audits COA? Is COA exempted from being audited?
Author: GABOTAF
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
Can COA audit private entities?
The exclusive power of the Commission on Audit (COA) to audit government agencies is granted by the Philippine Constitution. But, have you ever thought if COA has the same authority to audit private institutions? If it has, on what extent? …
How much is the uniform and clothing allowance of government employees for 2023?
Each qualified government employee is entitled to P6,000.00 of uniform and clothing allowance per year. Section 58 of the General Provisions of the Fiscal Year (FY) 2023 General Appropriations Act (GAA) provides that an amount not exceeding Six Thousand Pesos …
How much is the uniform and clothing allowance of government employees for 2023? Read more »
FAQ – When is it allowed to release or pay the uniform and clothing allowance?
If we read the existing guidelines on uniform and clothing allowance, we cannot find any provision that prescribes the exact date to release the uniform and clothing allowance unlike other government employee benefits such as mid year bonus and year …
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IS IT ALLOWED: An employee who is not a CPA was designated as OIC-Accountant
Question: Hello po. I just want to ask po if a non-CPA is allowed to assume the role of Officer in Charge (OIC)-City Accountant and sign the financial statements (FS) of the City and Barangays? I know that a CPA …
IS IT ALLOWED: An employee who is not a CPA was designated as OIC-Accountant Read more »
What is an Appropriation?
An appropriation is authorization pursuant to laws or other legislative enactment directing the payment of goods and services out of government funds under specified conditions or for specified purposes. There are several types of appropriation, among these are the following: …
What is an AOM, NS, ND, NC, NSSDC, SASDC, NFD, and COE?
1. Audit Observation Memorandum (AOM) The AOM is issued to inform the auditee of deficiencies noted in audit related to financial/operational matters which do not involve pecuniary/monetary loss. It is issued when the audit decision cannot yet be made due to …
What is an AOM, NS, ND, NC, NSSDC, SASDC, NFD, and COE? Read more »
Approved PhilHealth Premium Contribution Rate for CY 2023
The Philippine Health Insurance Corporation (a.k.a PhilHealth) will abide by the directive of President Marcos Jr. to suspend the premium rate increase from 4.0% to 4.5% and the increase of income ceiling from P80,000 to P90,000 in CY 2023. In …
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