G/Auditing: What consists a complete set of Budget and Financial Accountability Reports [BFARS]?

Pursuant to Section 14, Chapter 2 of the Government Accounting Manual for National Government Agencies [GAM for NGAs], and as prescribed under (COA-DBM-DOF Joint Circular No. 2013-1, as amended by COA and DBM Joint Circular No. 2014-1 dated July 2, 2014), the following are the components of a complete set of Budget and Financial Accountability Reports:

a. Quarterly Physical Report of Operation (QPRO) – BAR No. 1

b. Statement of Appropriations, Allotments, Obligations, Disbursements and Balances (SAAODB) – FAR No. 1

c. Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expenditures (SAAODBOE) – FAR No. 1-A

d. List of Allotments and Sub-Allotments (LASA) – FAR No. 1-B

e. Statement of Approved Budget, Utilizations, Disbursements and Balances (SABUDB) – FAR No. 2 (for Off-Budget Fund)

f. Summary of Approved Budget, Utilizations, Disbursements and Balances by Object of Expenditures (SABUDBOE) – FAR No. 2-A (for Off-Budget Fund)

g. Aging of Due and Demandable Obligations (ADDO) – FAR No. 3

h. Monthly Report of Disbursements (MRD) – FAR No. 4

i. Quarterly Report of Revenue and Other Receipts (QRROR) – FAR No. 5

Reporting Timelines:

The following quarterly reports shall be submitted within 15 days after the end of each quarter, pursuant to Section 4.14.4 of NBC 573, consistent with GP No. 96 of the FY 2018 GAA:

• BAR No. 1
• FAR No. 1
• FAR No. 1-A
• FAR No. 1-B
• FAR No. 2
• FAR No. 2-A
• FAR No. 5

Othe the other hand, FAR No. 4 shall be submitted within 15 days after the end of each month, while FAR No. 3 shall be submitted within 15 days after the end of each year.