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 …
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 …
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 …
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 …
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 …
Member Question: Hi po, regarding Daily Travel Expenses (DTE), can the employees po avail the 50% accommodation even if the place of destination offered free accommodation po? If the registration fee INCLUDES accomodation, hence they cannot avail the 50%. @jjcarlos …
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 Overtime pay if …
How to compute the overtime pay of government employees (with actual computation) Read more »
Purpose The Department of Budget and Management issued National Budget Circular (NBC) No. 563 in 2016 to update the guidelines and the allowable cost of participation of government officials and employees in conventions, seminars, conferences, symposia, and other similar gatherings, …
DBM Circular on Registration Fees (Trainings/Seminars) — NBC No. 563, s. 2016 Read more »
Purpose COA Circular No. 2012-001 was issued by the Commission on Audit in 2012 to prescribe the revised guidelines and documentary requirements for common government transactions. Common Government Transactions Covered 💡 Granting of Cash Advances 💡 Liquidation of Cash Advances …