Budget and Financial Accountability Reports

20 Jan 2022

10 Important Things You have to be Ready with in order to successfully submit your Financial Statements for FY 2021 ON TIME

2021 is over. That means it’s time again for Gabbies to prepare the year end financial statements and reports of their respective agencies. February 14 is the deadline to beat. Just thinking about it, it’s already overwhelming, stressful and alarming, not to mention starting a new year is another challenging endeavor. Marami sa mga Gabbies hindi na alam kung ano ang uunahin. But, as they say, planning is the key. To plan is to be ready. It’s a cliche, but if you fail to plan, you plan to fail. So how do we plan and be ready with this gigantic...

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14 May 2020

35+ Reports REQUIRED by COA and DBM to be prepared and submitted by GOVERNMENT ACCOUNTANTS

Have you ever thought if the reports you are preparing on a daily, weekly, monthly, quarterly or yearly basis are the ones required by the Commission on Audit (COA) and/or the Department of Budget and Management (DBM)? Or if they are, are you preparing the complete set of reports? Or did your agency properly assign the reports to personnel required by COA and/or DBM to prepare said reports? Conversely, if you are the State Auditor of the agency, is your auditee agency preparing and submitting the required and complete set of reports? It is for this reason that we at...

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14 May 2020

20+ Reports REQUIRED by COA and DBM to be prepared and submitted by BUDGET OFFICERS

Have you ever thought if the reports you are preparing on a daily, weekly, monthly, quarterly or yearly basis are the ones required by the Commission on Audit (COA) and/or the Department of Budget and Management (DBM)? Or if they are, are you preparing the complete set of reports? Or did your agency properly assign the reports to personnel required by COA and/or DBM to prepare said reports? Conversely, if you are the State Auditor of the agency, is your auditee agency preparing and submitting the required and complete set of reports? It is for this reason that we at...

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