NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS

THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit”

REGION III COUNCIL

IMPLEMENTING RULES AND REGULATIONS IN THE CONDUCT OF FUNDS MANAGEMENT

REVISION HISTORY:
Version No. 1 2 Date Revised By 11/5/2013 Catherine Grace M. Matias 22/5/2013 Leila Victoria R. Antonio Approved By Matthew U. Gopez Zheena E. Ocampo Noted By Conrad Allan M. Alviz Conrad Allan M. Alviz Details Initial Issue Second Issue
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Implementing Rules and Regulations No. 2 - Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council

....................................NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL TABLE OF CONTENTS Background ........................................................................11 Implementing Rules and Regulations No............3 Objectives ...................................... 2 ...............................................................................................................................................................9 Separability Clause ................................................3 Cash Receipts ..........................................................................................................................................................................................................................................................................................................................................................................................9 Repealing Clause .........................................................................................................................................3 Cash Disbursements ...........................Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 2 of 15 ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................10 Appendix ....................................................................................................................................................10 Effectivity .....................................................................................................................................................................................................................................................................................................................................6 Enforcement of the Implementing Rules and Regulations ..........................................................................................................................................................................................................................................................................................9 Amendments or Revisions .........................3 Definition of Terms .........................................................................

completely and timely recorded. together with the Regional Executive Officers. C. cash disbursements. CASH RECEIPTS Implementing Rules and Regulations No. OBJECTIVES To establish standard procedures on cash receipts from membership fee. usually from OPEs. completely and timely recorded. sponsorship and other collections.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL INTRODUCTION BACKGROUND The funds of NFJPIA-R3 Council shall emanate from membership fee of the local chapters and other fees as stated in Section 1. It includes money paid to suppliers. The Regional Vice-President for Finance. To establish standard procedures among the Regional Executive Officers on preparing budget proposals. reimbursements and liquidation of expenses.cash payments that an individual incurs on behalf of the organization which may or may not be later reimbursed.is a small amount of discretionary funds in the form of cash used for expenditures where it is not sensible to make the disbursement by check. 2 . D. inaccurate and incomplete recording of financial transactions. Cash Disbursement – is the act of paying out or disbursing money. Article XVI of the 2012 Constitution of the National Federation of Junior Philippine Institute of Accountants – Region 3. Petty Cash . To ensure that all cash receipts are accurately. Reimbursements . and all other expenses of the organization. is responsible for implementing rules and regulations in safekeeping the funds and to ensure that there are adequate controls in place to address the risk of unauthorized.act of compensating someone for an expense.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 3 of 15 . To ensure that all cash disbursements are accurately. Out of Pocket Expenses (OPEs) . To ensure that all cash disbursements are properly authorized. E. Cash Advance – this are advances by the officers for their future use of cash F. DEFINITION OF TERMS A. Cash Receipt – includes cash and checks received by the organization B. spending cash.

2 . 2. Payments of local chapters made through bank should only be deposited on NFJPIA-R3 Council bank account with the Account Name of NFJPIA-R3 and Account Number of 5018011316. A bank deposit slip must be presented by parties who paid on NFJPIA-R3 Council bank account before issuing an official receipt. symposia and other activities of the council. advertisement contracts.00 6. 2.00 3. 6. sponsored programs. This includes a check payable to an individual who must restrictively endorse in payable to the NFJPIA-R3 Council. certain actions must be put into practice: i. Local chapters must first present their official receipt during conventions before the release of their kits or souvenirs and room keys. Any erasure or adjustment must be validated by the full signature of the drawer.00 5. 4.R3 seminars. 3. A valid NFJPIA-R3 Council official receipt shall only be issued by the Vice President for Finance to all person or entities making payment to the organization. Checks that must be generally accepted by the Vice President for Finance are: i. A. For assurance that the cashes received by the Vice President for Finance are properly recorded. v. Roles and Responsibilities 1.00 must be paid on or before the required deadline. Must be signed by the drawer. Checks payable to the National Federation of Junior Philippine Institute of Accountants Region 3 Council.50 10.00 8. Cash of NFJPIA-R3 Council emanates from a variety of sources including membership fees. ii. 5.00 5.00 2. B. Local chapters must present their official receipt issued by the Vice President for Finance for them to participate on NFJPIA . Membership Fee 1. The Vice President for Finance is responsible for properly receipting of all cash received by the organization. 8. collection of receivables and other collections . All cash receipts must be counted as soon as they were received. 7. merchandise proceeds. Date must be current. iv. ii. Breakdown of Membership fee is as follows: National Membership Fee Membership Card MYC and ARC Working Fund MYC and ARC Oculars Academic Activities Non-Academic Activities Membership Trust Fund Disaster Fund Implementing Rules and Regulations No.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council P 16. registration fees.75 Page 4 of 15 . Deposit cash received as soon as possible or as needed to limit cash on hand. Amount in words must tally with the amount in figures. Payments through other bank account will not be recognized.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL Cash is an important asset that must be safeguarded and controlled. Some collections may be in the form of checks. Required membership fee of ₱ 70. iii. All cash receipts denominations and quantity must be properly recorded.

the Regional Executive Officers should issue its decision. Any payment made to other Regional Executive Officer is recognized provided that the Regional Vice President for Finance is duly advised. In accordance with Article XV Section 3 of the Constitution of the National Federation of Junior Philippine Institute of Accountants – Region 3 . Sponsors should only transfer or deposit cash on NFJPIA-R3 Council account. unless stated. The Executive Officers shall consider the complaint and notify the correspondent of the schedule of appearance before the Executive Officers.75 1.00 3. Membership fee paid P500. A letter of complaint should be filed by any member to the Regional Executive Board to the Regional President or Regional Adviser. 4. 6. A valid NFJPIA-R3 Council official receipt must be issued by the Vice President for Finance. But payment through our bank account is more preferable. Collections from sponsors must be properly documented. 6. Implementing Rules and Regulations No. Membership fee may be paid through depositing on NFJPIA-R3 Council bank account or to the Regional Vice President for Finance. 5. C. Sponsorship package is good for one year commitment. iii. All receipts of payments for membership fee to the NFJPIA must be properly recorded and a valid NFJPIA-R3 Council official receipt must be issued by the Vice President for Finance.50 0. REOs or RSTANCOMS soliciting without the knowledge of the executive board is subject to impeachment so that no one will dare to do that scandalous activity. 7. 2. iv. 2 . Membership fee is non-refundable.50 General Expenses Regional EB Meetings Representation Expense for NMYC Representation Expense for ANC Representation Expense for NEBM Representation Expense (General) Communication Expenses RComElec Fund Miscellaneous Expenses TOTAL P 70. v. Sponsorship 1. Within seven (7) days after the appearance.00 2. 3.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 5 of 15 .00 0.00 3.00 and below may be made to the Regional Vice President for Finance. ii.00 0.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL 13. The Regional Executive Board shall calendar the appeal before its presence immediately after the request. 4. the defendant may file his/her appeal before the Regional Executive Board. Within seven (7) days after the issuance of the decision. 5.00 3. All ongoing transactions with the sponsors must be on the knowledge of Executive Board. The cash received must be restricted only for the sponsored programs of the sponsor if there specified.75 3. grounds for impeachment are: i.

MYC. as the case may be. Full Payment>_<Payment e. Documentation 1. the remaining balance if there is any. 5. Collections from advertisement contracts from local chapters or other person enabling them to advertise on NFJPIA-R3 Council disclosures or souvenir programs. expenses for facilitating NFJPIA-R3 Council events and projects and the like. All receipts or deposit slip to the NFJPIA should be properly recorded or documented by sending a copy through an E-mail to the Regional Vice President for Finance.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 6 of 15 . payments to suppliers. Other Grounds for Impeachment vii. Has been found and proven that he misrepresented the amount solicited from various persons in the case that the executive board knew about the solicitation. events and conventions. Has been found and proven guilty of soliciting in the name of NFJPIA-R3 Council without the knowledge of the executive board. etc.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL vi. of payment e. c. excluding the officer/s under impeachment. D. Collections from solicitations. by 2/3 vote of its members. 4. expenses from planning and meetings.g. Collections from fund activities if there is any. Collections from accounts receivables. The content of the E –mail should include the following: a. PDF 2. CASH DISBURSEMENTS Cash Disbursements of NFJPIA-R3 Council are used to facilitate the purchase of goods and services. Initial Payment. Implementing Rules and Regulations No. Other Collections 1. 2. Merchandise. shall decide on the impeachment. Signature of the Sender d. Upon receipt of the E-mail. merchandises. 8. ix. the Executive Board sitting en banc.g.g. the Regional Vice President for Finance should send an Acknowledgement Letter stating the Amount paid. viii. JPEG. Subject with the following format: Deposit Slip_<No. Collections of payments from the merchandise of NFJPIA-R3 Council. Has been found and proven that he used the money for his personal benefits. 2 . 6. E. Seven (7) days after the appeal. Message Body stating the amount deposited. Collections of registration fees or payment for tickets from local chapters for NFJPIA-R3 projects. Membership Fee. The decision shall be final and not subject for appeal.> b. the deadline of settlement of remaining balance and any other information necessary. Attachment file in any form e. 3.

i. 4. 5. B. All invoices. Develop new goals and objectives for the coming year. All large transactions must be paid through issuance of checks. iii. Any other expenditure not in the council’s budget must be subject to approval of all NFJPIA-R3 Council executive officers.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL The authorization of disbursements is within the decision of Regional Vice President for Finance and Regional President. Include indirect and direct cost not closely attached to programs and goals. payee and the amount paid should be prepared in every issuance of check for control purposes. Roles and Responsibilities 1. 2. the President and the Vice President for Finance to sign all checks. Payments for merchandise orders iii. A check voucher that identifies the date. 2.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 7 of 15 . receipts or any proof for cash disbursement must be kept for control purposes. 6. Officers must record their expenses as they incurred attached therewith are the receipts or any other supporting document(s) evidencing occurrence of the transaction. Small or miscellaneous expenses may be paid from the petty cash fund. And all other payments with large amount. Procedures for preparing budget proposal i. the NFJPIA-R3 Council executive board must approved the budget and continue to review it on a monthly basis. Review the previous year’s Financial Statements ii. receipts or any proof for cash disbursements for NFJPIA R3 Council projects must be kept for control purposes. 7. The authorization of disbursements is within the decision of Regional Vice President for Finance and the Regional President. Payment of membership fee to the National Federation of Junior Philippine Institute of Accountants may be paid in cash. NFJPIA-R3 Projects 1. A. Payments to Suppliers ii. 3. Payment to NFJPIA 1. All invoices. A liquidation report must be prepared by the officers assigned for each event two (2) weeks after the event and should be submitted to Vice President for Finance for analysis. 3. All cash disbursements for NFJPIA – R3 projects must be on the NFJPIA-R3 Council budget for the entire federation year. 6. v. Each officer assigned to specific task or event must prepare and submit budget proposal to the Vice President for Finance. 5. C. through banking transactions or through issuance of checks. 2 . A standard safeguard is to require 2 authorized officers. 4. Finally. Estimate the cost of new objectives. Implementing Rules and Regulations No. iv. Payments to event organizers iv. Checks must only be payable to order.

supplies or orders must all be delivered in good condition before paying for the full amount. Complete the Cash Advance Request Form (See Appendix). 6. Submit an expense statement with the required documentation using the Liquidation Form (See Appendix). iii. 4. Any expenses over ₱ 1. Whenever an officer of the NFJPIA-R3 COUNCIL receives the cash advance. and reason for the cash advance.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 8 of 15 . 3. Complete the Reimbursement Request Form (See Appendix). Cash Advances 1.000 must be reimbursed through issuance of check. Payment to Suppliers/Third Party 1. iii. the Vice President for Finance prepares a voucher that identifies the date. 4. 5. Cash advances are to be given on every meeting of executive officers monthly. 3. Procedure for reimbursement request: i. D.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL 2. Attached all receipts and any other supporting documents. Payment must be paid on or before the deadline or as soon as membership fee from local chapters are fully collected. E. Upon completion of the trip. 2. 4. If expenses exceed the amount of the cash advance. Procedures for obtaining cash advance: i. 4. recipient. An acknowledgement receipt must be signed by the officer upon the receipt of cash. A check voucher must be prepared if check is issued for payment. 5. Goods. Receipts and supporting documents must be kept by the Vice president for finance evidencing the procurement of the transaction. All receipts from these transactions must be kept and must be properly recorded by the Vice President for Finance. Cash advance requests must be fully approved by the Vice President for Finance and the President. Payment to suppliers must be according to contract or negotiation. through banking transactions or through issuance of checks. Out of pocket expenditures made by the NFJPIA-R3 Council officers may or may not be refunded or reimbursed. Reimbursement request is subject to the approval of Vice President for Finance. Out of Pocket Expenses (OPEs) and Reimbursements 1. Attached the receipts and any other supporting documents. Implementing Rules and Regulations No. Expenses that are not reimbursed within thirty (30) days will be denied. The President and Vice President for Finance must be the one to negotiate with the supplier. ii. return any remaining funds to the Vice President for Finance. amount. Submit a travel expense statement with required documentation using the Liquidation Form. F. 5. Reimbursements may be paid in cash for expenses under ₱ 1. 2 . 2. Payments for conventions may also be paid in cash. a payment will be generated to reimburse the officer.000. 2. OPEs that are subject to reimbursement are only expenses made on behalf of the organization 3. ii. 3.

the Vice President for Finance prepares a voucher that identifies the date. D. receipts together with relevant documents should be returned to the Vice President for Finance. Any other small or miscellaneous expenses made by the organization must be paid through petty cash fund and a voucher shall be prepared for control purposes. amount. For control purposes. AMENDMENTS OR REVISIONS A. stating the reasons thereto. which are deemed unnecessary. The Regional Adviser or his duly designated representative shall act as legal adviser to the Regional Vice President for Finance and the Council and shall render legal assistance as may be necessary in carrying out the provisions of this Implementing Rules and Regulations. 6. The final decision on any inclusions and exclusions to this Implementing Rules and Regulations must be determined by a majority vote of all Regional Executive Officers in which the Regional Vice President for Finance is included. recipient. The amount of a petty cash fund is limited to a reasonable amount necessary to carry out the essential activities of the organization. Petty Cash Fund 1. The Council also has the sole right to interpret the contents of this Implementing Rules & Regulations and their decision will be binding and irrevocable. or emergency supplies. Whenever an officer of the NFJPIA-R3 COUNCIL requests petty cash. 9. 4. small delivery charges. and reason for the cash disbursement.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 9 of 15 . When the fund requires more cash the Vice President for Finance writes a check for the difference between the cash on hand and the total assigned to the fund. vouchers are sequentially prenumbered and signed by both the officer requesting the cash and the Vice President for Finance. 5. Any request for amendments and revisions as well as proposed amendments must initially be reviewed by the Regional Vice President for Finance then to be forwarded to the Regional Executive Officers for discussion. Implementing Rules and Regulations No. 8. so the total amount of the vouchers and the remaining cash in the fund should always equal the amount assigned to the fund. 7. 2 .NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL G. submitted to them by the Regional Vice President for Finance. All officers with petty cash must have a prenumbered petty cash voucher which is needed for their proper documentation. editing and final approval and to be noted by the Regional Adviser. Any amendments to or revisions to this Implementing Rules and Regulations may be proposed by any member of any local chapter upon a written request of such member. miscellaneous expenditures such as transportation expenses. All vouchers are kept with the petty cash fund until the fund is replenished. After the cash is spent. The Council shall be vested with the exclusive power to revise and amend the Implementing Rules and Regulations. C. subject to the approval of the council. The Regional Executive Officers shall have the right to debunk any proposed revisions and amendments. A petty cash fund should be established to pay for small. It shall be the primary duty of the Regional Vice President for Finance and the Council to effectively enforce the provisions of this Implementing Rules and Regulations. B. B. ENFORCEMENT OF THE IMPLEMENTING RULES AND REGULATIONS A. The fund is authorized as recommended by the Vice President for Finance and approved by NFJPIA-R3 Council executive officers. 3. 2.

SEPARABILITY CLAUSE If any clause. Prepared by: ___________________________________ Leila Victoria R. provision. provision. Amendments to particular provisions in this Implementing Rules and Regulations shall be allowed provided that such amendments will be communicated to stakeholders at least two weeks before it could take effect. REPEALING CLAUSE Any rule and regulation or resolution or part/s thereof inconsistent with the provisions of this Implementing Rules and Regulations are hereby repealed or modified accordingly. EFFECTIVITY This Implementing Rules and Regulations shall take effect immediately after its presentation and approval from the Assembly. paragraph or part directly involved in the controversy in which such judgment has been rendered. 2 . or impair any other part hereof. paragraph or part of this Implementing Rules and Regulations shall be declared unconstitutional or invalid. but shall be merely confined to the clause.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL E. Antonio VICE PRESIDENT FOR FINANCE Wesleyan University-Philippines Implementing Rules and Regulations No.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 10 of 15 . invalidate. such judgment shall not affect.

Enrile SECRETARY GENERAL Baliuag University Noted by: ___________________________________ Conrad Allan M. Implementing Rules and Regulations No. Ferrer VICE PRESIDENT FOR ACADEMICS Systems Plus College Foundation ___________________________________ Emil Julius T. 2 .NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL Approved by: ___________________________________ Zheena E.Bataan ___________________________________ Adrianne B. Villanueva VICE PRESIDENT FOR MEDIA Wesleyan University . Alviz. David VICE PRESIDENT FOR NON ACADEMICS Holy Angel University ___________________________________ Enrico C. CISA ADVISER SGV & Co. Harve VICE PRESIDENT FOR COMMUNICATIONS University of the Assumption ___________________________________ Jane T.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 11 of 15 . Rivera VICE PRESIDENT FOR MEMBERSHIP Tarlac State University ___________________________________ John Kendrick H.Philippines ___________________________________ Roy James S. CPA. Pajarin VICE PRESIDENT FOR AUDIT Colegio de San Juan de Letran . Ocampo PRESIDENT Systems Plus College Foundation ___________________________________ Francis Xavier W.

NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL APPENDIX CASH ADVANCE FORM Date: __________________________________ Name: ___________________________________________________________ Position: ______________________________ Description / Requirement Amount Total _____________________________________________ Signature over Printed Name Approved by: _____________________________________________ Leila Victoria R. CPA. Antonio Regional Vice President for Finance Noted by: ______________________________________________ Zheena E.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 12 of 15 . Alviz. 2 . CISA Regional Adviser Implementing Rules and Regulations No. Ocampo Regional President ________________________________________________ Conrad Allan M.

Antonio Regional Vice President for Finance Noted by: ______________________________________________ Zheena E. CISA Regional Adviser Page 13 of 15 Implementing Rules and Regulations No. 2 .Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council . CPA.NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL REIMBURSEMENT FORM Requested by: _____________________________________________ ________________________________________ Position: ___________________________________________________ Please attach original receipts to this form. Ocampo Regional President _____________________________________________ Signature over Printed Name ________________________________________________ Conrad Allan M. Date: Total Receipts: ____________________________ Itemized Purchases: (Please include any necessary explanation and justification) Date Description Amount Approved by: _____________________________________________ Leila Victoria R. Alviz.

vouchers etc.) Liquidation Report with incomplete information and supporting documents shall not be accepted. Please attach all supporting documents (e. bus tickets. OR. 2 .NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL LIQUIDATION REPORT Name: ___________________________________________ Amount: ________________________ Position: ________________________________________ AR No: __________________________ Date of Activity: _______________________________ LF No: ___________________________ Purpose: ________________________________________________________________________________________________________________ Date Description OR/PCV NO.g. Submitted by: _______________________________________________ Signature over Printed Name _________________________________ Date Implementing Rules and Regulations No.Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 14 of 15 . I HEREBY CERTIFY THAT THE ABOVE LIQUIDATION REPORT IS TRUE AND CORRECT. plane tickets. REF Transportation/Parking/ Food Toll/Gasoline Expense Expense Other Total Expenses Note: Fill out the form completely and accurately.

Fund Management National Federation of Junior Philippine Institute of Accountants – Region III Council Page 15 of 15 . Ocampo Regional President _______________________________________________ Conrad Allan M. Antonio Regional Vice President for Finance Audited by: _______________________________________________ John Kendrick H. 2 .NATIONAL FEDERATION OF JUNIOR PHILIPPINE INSTITUTE OF ACCOUNTANTS THE ORGANIZATION OF ACCOUNTANCY STUDENTS IN CENTRAL LUZON Federation Year 2013 – 2014 “R3: Reaching Greater Heights – Celebrating Three Decades of Unifying and Empowering the JPIAn Spirit” REGION III COUNCIL Approved by: _______________________________________________ Leila Victoria R. Alviz. CISA Regional Adviser Implementing Rules and Regulations No. CPA. Pajarin Regional Vice President for Audit Noted by: ___________________________________________ Zheena E.