What’s the difference between Obligations and Disbursements?
Simply explained, you incur obligations when the pizza is served or delivered to you while disbursements happen when you pay for the pizza.
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What’s the difference between Appropriation and Allotment?
If appropriation is a whole pizza, allotment represents a slice of the pizza.
Easy to Understand Step by Step Guide on How to Compute Your Income Tax
Computing your income tax is relatively easy for as long as you know what to compute.
10 VALUABLE TIPS IN PREPARING YOUR BUDGET AND FINANCIAL ACCOUNTABILITY REPORTS (BFARS)
Understand and prepare your BFARs more effectively.
7 Tips for to Avoid Reversion of Fund to the National Treasury
The No. 1 tip is actually enough, all the others are given procedures.
7 Habits of Highly Effective Government Accountants
Know that time is finite and your work is unlimited. Limit your time in the Office and spend more time with your family and love ones. You’ll see, you’ll be happier and more fulfilled.
EXPLAINER: Four (4) Commonly Misused Terms in Government Accounting and Budgeting — NCA, ANCAI, REVERTED, LAPSED
Stop using these terms incorrectly.
Five (5) Guaranteed, Proven Ways to Beat Your Deadlines; Improve Your Performance
We find it timely to write this article to help you cope with the challenge and well, improve your performance.
What are the authorized “De Minimis Benefits” of government employees?
10 Non-Taxable Monetary Benefits of Government Employees