Learn 10+ budgeting terminologies that most accountants, budget officers and even state auditors often interchange their meaning.
G/Budgeting: 10+ Often Miscontrued Budgeting Terminologies Read More »
Learn how the Philippine government prepares its budget, spends the same, and how it accounts its expenditures. Also learn how, as a citizen, you can be part of the budgeting process.
9-minute Video: Complete Guide on How the Government Prepares the National Budget Read More »
Check if your are submitting the required BFARs. Check also if you are submitting them on the new prescribed reporting timelines.
Commit these mistakes often and you lose reliability.
Seven (7) Tips to Improve the Presentation of your Reports Read More »
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 »
If appropriation is a whole pizza, allotment represents a slice of the pizza.
What’s the difference between Appropriation and Allotment? 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 »
The confusion among Accountants, as well as Budget Officers and State Auditors, lies in where to charge reimbursable RATA, that is whether to charge reimbursable RATA against the Agency budget for PS or to charge it against the Agency budget for Maintenance and Other Operating Expenses (MOOE).
Q&A: Where to Charge Reimbursable RATA, PS or MOOE? Read More »
You’re about to discover something you haven’t realized all these years.
EXPLAINER: WHAT’S A COMMON FUND SYSTEM POLICY? Read More »
