COMMISSION ON AUDIT CIRCULAR NO.

92-391 November 25, 1992

TO : All Heads of Departments, Chiefs of Bureaus, Agencies and Officers of the

National Government; Managing Heads of Government-Owned and/or
Controlled Corporations, Boards and Commissions, Chief
Accountants/Corporate Treasurers; Provincial Governors; City and Municipal
Mayors; Provincial, City and Municipal Treasurers; Heads of Auditing Units,
National, Corporate and Local Sectors and All Others Concerned.

SUBJECT: Memorandum Circular No. 155, on Requiring the Settlement of and Clearance
from Accountabilities of Government Officials and Employees Prior to Their
Transfer or Acceptance of Their Resignation.

For the information and guidance of all concerned, quoted hereunder is the full text of
Memorandum Circular No. 155, of the President of the Philippines, viz:

"OFFICE OF THE PRESIDENT

OF THE PHILIPPINES
Malacaang

MEMORANDUM CIRCULAR NO. 155

REQUIRING THE SETTLEMENT OF AND CLEARANCE FROM ACCOUNTABILITIES OF

GOVERNMENT OFFICIALS AND EMPLOYEES PRIOR TO THEIR TRANSFER OR
ACCEPTANCE OF THEIR RESIGNATION.

The attention of this Office has been invited by the Chairman, Commission on Audit,
regarding cash advances of government officials and employees which remain unliquidated
and are carried over from year to year in the books of the agencies concerned.

Pursuant to COA Circular No. 90-331 dated May 3, 1990 and in the interest of the
government, all heads of departments, bureaus, offices and instrumentalities of the
government, including government-owned or controlled corporations, are hereby directed to
require all government officials and employees in their respective offices with cash advances,
to settle and secure clearances from their accountabilities before being allowed to transfer or
resign from their positions.

Strict compliance herewith is enjoined.

Manila, June 15, 1992.

By authority of the President:

(SGD.) FRANKLIN M. DRILON

Executive Secretary"
 Accordingly, all agency heads concerned are requested to exact compliance with the
above-quoted circular in order to provide a more effective control in the granting, utilization and
liquidation of cash advances. Moreover, all Auditors are directed to monitor compliance
therewith.

Be guided accordingly.

(SGD.) SOFRONIO B. URSAL, Commissioner

(SGD.) ROGELIO B. ESPIRITU, Commissioner
(SGD.) EUFEMIO C. DOMINGO, Chairman