Pursuant to Section 5(a) of Republic Act No. 8291 otherwise known as “An Act Amending Presidential Decree No. 1147, as amended, Expanding and Increasing the Coverage and Benefits of the Government Services Insurance System, Instituting Reforms Therein and for Other Purposes: SECTION 5. Contributions. — (a) It shall be mandatory for the member and the […]
The 9-12-3 Rule: GSIS Premium Contribution Rates Read More »
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Legal Basis on the Grant of Rice Allowance/Subsidy to Government Employees Read More »
We asked our colleagues in the government about the most important characteristic of a government accountant and here’s what they said: Strong independent decision maker. 🙋♀️ snacionales God-fearing, may prinsipyo, may strong na characteristic para naman matakot yung mga nag-iinsist yung reimbursement nila kahit di naman talaga pwedi at walang legal basis. 🙋♀️ eparadiang Consistent
What is financial statements fraud? According to Scott Beaver, financial statement fraud is the deliberate misrepresentation of a company’s financial statements, whether through omission or exaggeration, to create a more positive impression of the company’s financial position, performance and cash flow. When it comes to financial statement fraud, most cases involve intentionally misrepresenting accounting such
15 Warning Signs of Financial Statement Fraud according to COA’s Financial Audit Manual Read More »
Watch It is again the time of the year where government employees will receive their well deserved year end bonus and cash gift. That is why it is but wise to learn again the guidelines so that we will all be guided, well so that we could avoid possible adverse audit findings from the Commission
Guidelines on the Grant of Year End Bonus in CY 2022 Read More »
The Commission on Audit (COA) and Department of Budget and Management jointly issued a circular allowing departments/agencies to engage the services of new COS/JO workers through individual contract and renew the individuai contracts of their existing COS/JO workers untii December 31, 2024. Under the previous guidelines, government agencies concerned are only allowed to engage the
2022 Updated Guidelines for Contract of Service and Job Order workers in the Government Read More »
This is a good news for the contract of service (COS) and job order (JO) workers in the government. The Commission on Audit (COA) and Department of Budget and Management jointly issued a circular allowing departments/agencies to engage the services of new COS/JO workers through individual contract and renew the individuai contracts of their existing
Agencies may engage the services of COS/JOs until December 31, 2024 — COA, DBM Read More »
Watch Subscribe to our channel if you find value from our videos. About this Forum In this forum, our colleagues from the government share their thoughts and ideas on who should really prepare the payroll? Join the Forum Join us as we discuss this interesting topic. Below is the forum: [custom-facebook-feed type=status featuredpost=1148645448612090_pfbid021irzp7GcppPcXf89Ng2L6opyHky6fD2q2RDobS4kxUKRbjVs7FVagjiZ3vo5KE6vl carousel=false] What’s
Sino ba dapat gumawa ng PAYROLL? Read More »
Legal Basis CSC-DBM Joint Circular No. 1, s. 2015 — Policies and Guidelines on Overtime Services and Overtime Pay for Government Employees, dated November 25, 2015 Forums Overtime pay if overtime services fall on a work day [custom-facebook-feed type=status featuredpost=1148645448612090_pfbid02PwdcmrmWkJSx1V2fYCHWwvdVdfie7mBnxivyTDUmRwkkvkzHA176jpQW8kakrDTl carousel=false] Overtime pay if overtime services fall on rest day or scheduled day off, holiday,
How to compute the overtime pay of government employees (with actual computation) Read More »
