Treasury Circular No. 02-2009 Archives

9 Sep 2022

Fidelity Bond of New SK Chairperson and SK Treasurer

Dear GABOTAF, Hi. Ask ko lang po kasi sa barangay po namin may bagong SK Chairman and SK Treasurer. Ano po yun magrerenew na lang po ba sila ng bond o mag-aapply po ng panibago? ••• ••• Dear, Sender:While the following information were lifted from Treasury Circular No. 02-2009 or the Revised Omnibus Regulations Governing the Fidelity Bonding of Accountable Public Officers pursuant to the Public Bonding Law, it is still wise for you to clarify these from the Bureau of the Treasury (BTr). 💡 An approved fidelity bond is non-transferable and personal to the accountable officer. 💡 The approved...

3 Mar 2020

LOOK: A 1997 Treasury Order says Government Accountants who are withholding agents should be bonded

One of our colleagues shared to us a Treasury Order that states, all accountants of national government agencies (NGAs), local government units (LGUs), government-owned and controlled corporations (GOCCs), and Self-Governing Boards and Commissions who are withholding agents are required to post bonds as mandated by law. Here’s a copy of the said Treasury Order: In Treasury Circular No. 02-2009 dated August 6, 2009, a bondable/accountable officer is defined as follows: Point of Discussion: Is Treasury Order No. 32-97 still applicable considering Treasury Circular No. 02-2009? View Answers via our Facebook Page Post Views: 1,503

Accounting 101 / Cash and Treasury Management