Tag: Capitalization Threshold

By Posted on Posted in Accounting 101 Tagged with , ,

This is what capitalization threshold is according to the Commission on Audit (COA).

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By Posted on Posted in Accounting 101, Government Auditing Tagged with , , , , ,

Purpose COA Circular No. 2022-004 was issued by the Commission on Audit (COA) to provide guidelines on the implementation of Section 23 of the General Provisions of Republic Act (RA) No. 11639 also known as the General Appropriations Act (GAA) …

COA Circular No. 2022-004 — Guidelines on increasing the capitalization threshold (for PPEs) from 15,000.00 to P50,000.00 Read more »