Who is the first Filipino Auditor General of COA?
Know who is the first ever Filipino Auditor General of the Philippines.
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COA Circular No. 2022-004 — Guidelines on increasing the capitalization threshold (for PPEs) from 15,000.00 to P50,000.00
Post Views: 32,821 Purpose COA Circular No. 2022-004 was issued by the Commission on Audit (COA) to provide guidelines on the implementation of Section 23 of the General Provisions of Republic Act (RA) No. 11639 also known as the General Appropriations Act (GAA) for Fiscal Year (FY) 2022 relative to the increase in the capitalization
Quiz: Five (5) Forbidden Expenditures in the Government
Post Views: 12,365 Let’s us test how well do you know your IUEEU also known as the five (5) forbidden expenses in the government. Answer the following questions by clicking/choosing the correct answer. Tell us in the comments section below how many did you get correctly. You may now begin. Congratulations! Your score is shown
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What are EXTRAVAGANT Expenditures (according to COA)
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What is COA Order of Execution?
Post Views: 2,202 A COA Order of Execution (COE) is issued by COA to enforce the settlement of audit disallowance/ charge whenever the person or persons liable refuse or fail to settle the same after the decision has become final and executory as indicated in the Notice of Finality of Decision (NFD). A Notice of
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[Featured Circular] COA’s Circular on “One-Time Cleansing” of PPE accounts
Post Views: 16,834 Featured Circular The Commission on Audit (COA) issued COA Circular No. 2020-06 in CY 2020 to prescribe the guidelines on the following for the one-time cleansing of PPE account balances of government agencies: ☑️ conduct of physical count of property, plant and equipment; ☑️ recognition of PPE items found at station; and
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Liquidated Damages: 7 Possible Audit Findings to Avoid
Liquidated Damages: 7 Possible Audit Findings to Avoid
Liquidated Damages: 7 Possible Audit Findings to Avoid Read More »
10 Important Things You have to be Ready with in order to successfully submit your Financial Statements for FY 2021 ON TIME
Post Views: 1,064 2021 is over. That means it’s time again for Gabbies to prepare the year end financial statements and reports of their respective agencies. February 14 is the deadline to beat. Just thinking about it, it’s already overwhelming, stressful and alarming, not to mention starting a new year is another challenging endeavor. Marami
COA clarifies when to require or use Reimbursement Expense Receipt (RER), Official Receipt (OR), Acknowledgement Receipt (A/R), and Certification of Expenses Not Requiring Receipt (CENRR)
Post Views: 31,541 The Commission on Audit (COA) clarifies in one of its latest guidelines, particularly COA Circular No. 2021-001, the instances when to use or require Reimbursement Expense Receipt (RER), Official Receipt (OR) / Sales Invoice, or Certification of Expenses not requiring Receipts, as supporting document to a financial transaction. Previous COA Circulars already
Who has the final say on payment claims against government agencies — COA or a Court?
Post Views: 2,273 The Court of Appeals upheld that the Commission on Audit (COA) has the last say when it comes to payment of money claims against government agencies despite a writ of execution issued by a Court. In the case between the Metropolitan Waterworks Sewerage System (MWSS) versus Yale Hardware Corporation, Associate Justice Danton
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