Threshold for the Recognition of Semi-Expendable Properties
This what COA set as threshold for PPEs and Semi-Expendable Properties
Tag: Semi-Expendable Properties
COA Circular No. 2022-004 — Guidelines on increasing the capitalization threshold (for PPEs) from 15,000.00 to P50,000.00
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) …
Rules on Semi-Expendable Properties which exceeded their Estimated Useful Life
Q: Good morning po, i have a question po.. Regarding po sana sa mga semi-expendable equipment under MOOE, kapag ang useful life niya is until 3years, kapag naka reach napo sa estimated life niya, pwd na hindi ibalik sa property …
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