The Revised

Chart of
Accounts
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I am Joy Eulalia V. Ugale

I am here because I love to give
presentations.
You can find me at my youtube
account: joyeulalia
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The Basis
Foundation of RCA
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Any fact facing us is not as

important as our attitude
towards it, which determine
our success or failure.
As per GAM Volume III, the Chart of Accounts as 5

Object Code in the UACS is based on the ff:

× Adoption of Revised Chart of Account (RCA) for NGAs by
COA Circular No. 2013-002.
× Adoption of the Philippine Public Sector Accounting
Standards (PPSAS) by COA Resolution No. 2014-003.
× Implementing Rules and Guidelines on the Conversion of
Philippine Government Chart of Accounts under the New
Government Accounting System per COA Circular No.
2004-008 dated September 20,2004 as amended to the
Revised Chart of Accounts for NGAS.
× COA-DBM-DOF Joint Circular No. 2013-1 dated August 6,
2013 prescribing the UACS.
× COA-DBM-DOF Joint Circular No. 2014-1 dated November
7,2014 providing the enhancement of the UACS prescribed
under COA-DBM-DOF Joint Circular 2013-1.
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ELEMENTS OF
FINANCIAL
STATEMENTS
The elements that relate to status and measurement of
the financial position and financial performance of
government agencies.
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Financial Position
.
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Financial Performance
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ACCOUNT
CODES AND
ITS
STRUCTURE
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Hustle in silence and let

your success make the noise.
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Account Code Structure:

Major Account Sub-Major

Account Group
Group Account Group
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Account Code Structure:

General Ledger
General Ledger
Contra
Accounts
Accounts
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