Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
The Chief Accountant and the personnel of the Accounting Unit of any agency of government are prohibited from being regular members of the agency’s Bids and Awards Committee (BAC).
Herunder are the existing legal bases for the adoption of Expanded Modified Direct Payment Scheme (ExMDPS) and the preparation and use of List of Due and Demandable Accounts Payable – Advice to Debit Account (LDDAP-ADA) for the settlement/payment of government obligations. Treasury Circular No. 3-2018 dated 14 June 2018 (download via Bureau of the Treasury website) DBM Circular Letter No. 2018-14 dated December 28, 2018 (download via DBM website) DBM Circular Letter No. 2013-16B dated February 25, 2014 (download via DBM website) DBM Circular No. 2013-16A dated February 6, 2014 (download via DBM website) DBM Circular Letter No. 2013-16 dated...
Treasury Circular No. 5-2018 dated 31 August 2018 is the legal basis requiring national government agencies and other agencies to prepare and submit a Cash Planning Report (CPR) to the Bureau of the Treasury (BTr). The CPR provides detailed daily estimates of cash requirements of national government agencies for each quarter, consistent with their Monthly Disbursement Program (MDP) or Budget Execution Document No. 3 submitted to the Department of Budget and Management (DBM). The CPR is required to be submitted to the Receipts, Investment and Disbursement Division (RIDD) of the BTr, every 10th day of the last month of the...
Treasury Circular No. 03-2017 dated 20 October 2017 is the legal basis for the reduction in the expiry period of Modified Disbursement System (MDS) check from six (6) months to three (3) months from date of issue. This Treasury Circular was issued pursuant to Executive Order No. 55, series of 2011, mandating the Bureau of the Treasury (BTr) to implement and adopt a Treasury Single Account (TSA) that will allow the National Government consolidate its cash resources in daily basis and provide a more effective way of managing cash and rationalizing agency bank accounts. Download Treasury Circular No. 03-2017 dated...