Simply explained, you incur obligations when the pizza is served or delivered to you while disbursements happen when you pay for the pizza.
What’s the difference between Obligations and Disbursements? Read More »
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If appropriation is a whole pizza, allotment represents a slice of the pizza.
What’s the difference between Appropriation and Allotment? Read More »
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Computing your income tax is relatively easy for as long as you know what to compute.
Easy to Understand Step by Step Guide on How to Compute Your Income Tax Read More »
Understand and prepare your BFARs more effectively.
10 VALUABLE TIPS IN PREPARING YOUR BUDGET AND FINANCIAL ACCOUNTABILITY REPORTS (BFARS) Read More »
The No. 1 tip is actually enough, all the others are given procedures.
7 Tips for to Avoid Reversion of Fund to the National Treasury Read More »
