Post Views: 6,562 Question: Good day po. I have a query po regarding proper asset classification. I’m a bit confused regarding the appropriate account to be used for a paper trimmer/cutting machine worth Php 10,000.00. How do you classify that po — is it office supplies inventory (as non consumable) or is it semi-expendable office […]
Proper Asset Classification: Inventory or Semi-Expendable Equipment? Read More »
Post Views: 3,666 Question: Hi po. Just wanna ask what specific COA Circular ang nagpoprohibit ng COD transactions? Thank you. Join the Forum: [custom-facebook-feed type=status featuredpost=1148645448612090_pfbid02UpU9L9nrb7VYkmEun31aA83y7MkbebUwda3wY5GFhT6KeL4u9C5tymsmWS1CsGtbl carousel=false]
COA Circular That Prohibits Cash-on-Delivery (COD) Read More »
Post Views: 2,822 Question: Hi po. We have an Audit Observation Memorandum (AOM) for paying obligations which were obligated in CY 2017 but were only paid in CY 2019. According to our Auditor lapsed na daw yung appropriation so illegal daw yung payment; hence, will be disallowed in audit. Is this correct? CY 2017 appropriation
[Forum] Audit Findings on Payment of Prior Years’ Accounts Payables Read More »
Post Views: 2,515 Q: Anyone here po na online payment na po gamit sa remittance ng pag ibig premiums and loans specifically landbank facility po? Paano po gamitin yon? Best Possible Answer: Kami po. We’ve been using LBP’s PAG-IBIG Data Entry System since January 2019. Enroll niyo lang po sa LBP weAccess account niyo yung
Online Payment of Pag-IBIG remittances/contributions via e-Gov Facility Read More »
Post Views: 4,992 [NORSA] is used when there’s a need to adjust the Obligation Request and Status (ORS) such as when there is/are error/s in the amount being obligated, account code being used, MFO/PAP being used, particulars, or RC being used. By Leo Alvarez Postanes Omamalin [NORSA is used] if there’s a need to adjust
When is NORSA used? Read More »
Post Views: 1,112 Related Articles | Forums Guidelines on the Grant of Special Risk Allowance to Frontline Public Health Workers During the Period of Enhanced Community Quarantine Relative to the COVID-19 Outbreak Are government agencies allowed to frontload available allotment to pay hazard pay and special risk allowance? Is Special Risk Allowance different from COVID-19
How to compute Special Risk Allowance? Read More »
These are the reasons why the Accounting Office does not or deny your claims.
Post Views: 1,486 Recommended Article Revised Philippine Government Internal Audit Manual (PGIAM)
What is the role/job of an internal auditor in LGU? Read More »
Post Views: 5,640 After nine (9) years after the issuance of the 2011 PGIAM, the Department of Budget and Management (DBM) issued Circular Letter No. 2020-8 dated May 26, 2020, to inform government agencies of the issuance of the Revised Philippine Government Internal Audit Manual (RPGIAM). The RPGIAM aims to assist government agencies concerned in
[Update] Revised Philippine Government Internal Audit Manual (PGIAM) Read More »
Post Views: 5,774 In our article entitled “30+ Examples of Irregular Expenditures or Uses of Government Funds or Property, according to the Commission on Audit (COA)”, we discussed what irregular expenditures are and we provided various examples of these expenditures. If you haven’t read the article yet, you can instead watch it here: Please don’t
10+ Examples of Unnecessary Expenditures According to the Commission on Audit (COA) Read More »
