Transcript Slide 1

GOVERNMENT ASSOCIATION OF CPAs (GACPA)
SUSTAINING ETHICS AND EXCELLENCE
IN MANAGING GOVERNMENT RESOURCES
SEMINAR/WORKSHOP
Updates on Accounting and
Auditing Rules and Regulations
Lourdes M. Castillo
Assistant Commissioner
Government Accountancy Sector
Commission on Audit
Delivered during the GACPA Seminar at
Prince Plaza Hotel, Baguio City
February 6-8, 2013
1. COA Circular No. 2012-001
dated June 14, 2012
“Prescribing the Revised
Documentary Requirements
for Common Government
Transactions”
2. COA Circular No. 2012-004,
dated November 28, 2012
“Demand for the Immediate
Liquidation and Settlement of
All Cash Advances
Outstanding as of December
31, 2011”
3. COA Circular No. 2013-002,
dated January 30, 2013
“Adoption of the Revised Chart
of Accounts for National
Government Agencies”
4. COA Resolution No. 2013-007,
dated January 29, 2013
“Adoption of the Philippine
Public Sector Standards of
Auditing”
5. Permanent Committee (COA-DBM-DOF)
Joint Circular No. 4-2012,
dated Sept. 11, 2012
“Rules and Regulations Implementing
Executive Order No. 431 dated
August 30, 2005, Directing the
Reversion of All Dormant Accounts,
Unnecessary Special Trust Funds to
the General Fund and For Other
Purposes”
6. National Budget Circular No. 546,
dated January 17, 2013
“Rules and Regulations on the
Grant of Representation and
Transportation Allowances”