QUESTION: Hello! I just want to be elucidated on certain section in the GAM Vol. 1. Particularly, Item D of Section 40 of the GAM provides that all unserviceable PPEs shall be reported in the IIRUP and such PPEs shall be dropped from the books by debiting impairment loss-PPE. My query is that, under this […]
Does “dropping from the book” would mean derecognition of the PPE through JEV? Read More »
Let’s clarify the subject matter. For instance, there are two government officials, say a Director and an Assistant Director, who are both receiving commutable Representation Allowance and Transportation Allowance (RATA). The Director traveled to attend an official business and designates (thru an Office Order) the Assistant Director to be the Officer-in-Charge (OIC) while he/she is
Gumastos ng pondo ng gobyerno na walang legal na basehan. Gumastos ng labis sa inaprubahang pondo. Gastusin ang pondo sa ibang bagay maliban sa itinakdang layunin para sa pondo. Magsumite ng kulang-kulang na dokumento sa COA para sa mga ginastos na pondo. Gumastos sa mga bagay na iregular, hindi kinakailangan, sobra sobra sa kailangan, maluho, at
Sampung (10) Bagay Na Di Dapat Ginagawa ng Government Accountant at Budget Officer Read More »
We always encounter the “4-month service requirement” when granting bonuses and allowances. For instance, the grant of Year-End Bonus (YEB), Cash Gifts, Mid-Year Bonus (MYB), and Productivity Enhancement Incentive (PEI), require among other conditions, that “personnel must have rendered at least a total or an aggregate of four (4) months of service from a certain period of
An accountable officer who tolerated the posting of the number combination of the safety vault where the funds of the office in her custody were kept is guilty of negligence, and cannot be relieved of her accountability. – Lucas P. Bersamin Minsan sa isang kabundukan ng Cordillera, probinsya ng Ifugao, bayan ng Lagawe, may isang
Preparing your Budget and Financial Accountability Reports (BFARs) is acceptably difficult, especially if your agency is receiving numerous funds from different sources. (Kudos to all Government Accountants and Budget Officers who do this!) What’s more difficult is to check if all funds, obligations, and disbursements were all properly accounted for. But do you know that
Babala sa mga government agencies, ipinagbabawal ng COA ang ‘operation tuli’ lalo na kung ito ay hindi sang-ayon sa mandato ng ahensya at kung ito ay walang sapat na legal na basehan. Sa kalalabas lang na desisyon ng COA sa Calabanga Water District (CWD) sa Camarines Sur, dinis-allow ng COA ang expenses ng CWD na
COA: ‘Operation Tuli’ Ilegal Read More »
CPAs revealed the real reason why they pursued accountancy.
This is how COA protects public funds.
A ‘Watchdog’: How does COA protect public funds? Read More »
[Click this link to download >>>>scbaa-prep.pdf] Source: Ryen Shin
FILE SHARING | Preparation of SCBAA Read More »
