GABOTAF

Government Accountants, Budget Officers, Treasurers and Auditors’ Forum

Common COA Audit Findings on Government Property, Plant and Equipment (PPE) – Recognition Of Government Properties Amounting To Less Than P50,000.00 as PPEs

Post Views: 5,630 Another common audit observation/findings of the Commission on Audit (COA) on government property, plant and equipment (PPE) is the recognition of properties amounting to less than P15,000 (now ₱50,000.00) as PPEs in the books of accounts which is contrary to Section 4, Chapter 10 of the Government Accounting Manual for National Government […]

Common COA Audit Findings on Government Property, Plant and Equipment (PPE) – Recognition Of Government Properties Amounting To Less Than P50,000.00 as PPEs Read More »

Common COA Audit Findings on Government Property, Plant and Equipment (PPE) – Non-submission Of Complete And Accurate Inventory Records

Post Views: 5,331 One of the most common audit findings of the Commission on Audit (COA) on government property, plant and equipment (PPE) among government agencies is the non-submission of complete, accurate or reliable inventory records by the Accounting and/or Property Office of the agency. Due to the absence of inventory records, the auditor cannot

Common COA Audit Findings on Government Property, Plant and Equipment (PPE) – Non-submission Of Complete And Accurate Inventory Records Read More »

Can the work of Supply Officer and Disbursing Officer be assigned to one employee, considering effective internal control?

Post Views: 1,514 Question: I was the supply officer before my maternity leave. Ngayon pong nakabalik na ako sa office, sabi ni head gagawin nya akong disbursing officer. Pero ninote nya na ako pa rin daw gagawa ng trabaho ng supply officer although di ako ang pipirma. Kaunti lang kami sa office at ako ang

Can the work of Supply Officer and Disbursing Officer be assigned to one employee, considering effective internal control? Read More »

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