10 Easy Ways to Avoid Receiving Audit Observation Memorandum (AOM) from COA

3. Understand and learn how to spot irregular, unnecessary, excessive, extravagant, and unconscionable expenditures.

4. Ensure that when you spend government money support your disbursements with complete amd appropriate supporting documents.

5. Spend serious time understanding the Government Procurement Law, R.A 9184. Lapses in applying the law is one of the major reasons why government accountants and other finance personnel receive AOM, worst, disallowances. Aim to understand the law, apply and adhere to the provisions of the law.

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6. Submit the reports required by COA, complete and on time.

7. Avoid submitting incorrect or distorted reports. Distorted reports mean your reports are forced and forged.

8. Regularly update your registries, journals, ledgers, and indices. Likewise, make sure that they are complete and in proper form.

9. Be updated with the current guidelines issued by government agencies such as the DBM, COA, BIR, BTR, etc. It’s dangerous to apply the old rules and regulations.

10. Finally, apply and religiously follow the provisions of the Government Accounting Manual, both for national and local government, and the pertinent and applicable accounting and auditing standards. Make the GAM your bible.

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