[DOWNLOAD] Guidelines on the Preparation of Year-End Financial Statements and Other Reports for NGAs, LGUs and GOCCs

We are providing you a quick link to the guidelines on the preparation of year-end financial statement and other reports.

At the minimum, each national government agency (NGA), local government unit (LGU), and government-owned and/or controlled corporation (GOCC) must submit the following year-end financial statements to the Commission on Audit (COA) or their respective Central Office, if any, on or before February 14 each year or earlier depending on appropriate directive, viz:

• Statement of Financial Position (formerly called Balance Sheet)
• Statement of Financial Performance (formerly called Income Statement)
• Statement of Cash Flows
• Statatement of Changes in Net Assets/Equity (formerly called Statement of Changes in Government Equity)
• Notes to Financial Statement
• Statement of Comparison of Budget and Actual Amounts

Download the guidelines below:

Guidelines on the Preparation of Year-End Financial Statements and Other Reports for National Government Agencies (NGAs)

Guidelines on the Preparation of Year-End Financial Statements and Other Reports for Local Government Units (LGUs)

Guidelines on the Preparation of Year-End Financial Statements and Other Reports for Government Owned/Controlled Corporations (GOCCs) and their Subsidiaries

You can also download the required attachments to the Financial Statements here.