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REPUBLIC OF THE PHILIP.PINES

COMMISSION ON AUDIT
COMMONWEAL TH AVENUE, QUEZON CITY

OFFICE OF THE CHAIRPERSON

MEMORANDUM

TO Commissioners, Cluster Directors/Regional Directors,

Charge, Supervising Auditors, Audit Team Leaders,
ers Concerned

FROM ROLAND C. PONDOC

Commissioner
Acting Chairperson

SUBJECT Inventory of the Cash Accounts/Deposits and Balances with Authorized

Government Depository Banks or Other Institutions of Each and every
Department, Bureau and Agency of the National Government

DATE June 8, 2022

This has reference to Section 5.1 of Department of Finance-Department of Budget

and Management-Commission on Audit Joint Circular No. 4-2012 which states that the COA
shall submit to the Permanent Committee (PC) the status of all existing cash accounts and
deposits of whatever nature, whether foreign or local currency, maintained outside of the
Bureau of the Treasury with authorized government depository banks and other institutions
by departments/agencies of the National Government.

Given the foregoing and as discussed during the PC meeting held on June 2, 2022, we
request an updated inventory of said cash accounts and deposits for the PC members to
evaluate and determine the balances and legal bases of its maintenance, and possibly
recommend to the President its reversion to the National Treasury, if warranted.

Please submit the signed and soft copies of the inventory using the format in Annex A
to the Office of the Assistant Commissioner, Government Accountancy Sector at
gasoac@coa.gov.ph on or before July 15,2022.

Thank you.
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AnnuA
Denlr1ment:
Aoen",/Offi«:
Invclltorv of Cash-in-Blnk Accounts
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A. or March 31 2022

Blnk Bank Account Specific Authorityl Status

Particulus Name orB,nk Amount Specific Purpose Remarks
Branch/Address Number Leeal Basis Actin In.dive Otben
,.. Dtnosittd With Authoriud Government DenOlitorv Sanks
~
I. Cuh in Bank-Lcca! Curreacv Cum:nt Account

2. Cash in Bank-Local Cum:ncv Savi •••s Account

3. Cash in Bank-Forei ••• Currencv Current Account

4. C ash in Bank-Fcreien Curreeev, Sa""",, Account

B. Den.sited With Authorized Ment Banks

I. Ca!h in Bank-Local Cum:ncv. Current Account

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2. Cash in Bank-Local Currencv Savin., Account
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3. Cash in Bank-Foreign Curreacv. Cum:nt Account

4. Cuh in Benk-Fcreien Cum:nev Savin •• Account

C. Dtoosited With Non-Authoriud Government Denositv Banks

I. Cash in Bank-Local CUrTf'nMI Cum:ot Account

2. Cash in Bank-Local Cueeeev Savinzs Account

3. Cash in Bank-Forti ••• Currencv Current Account ._-

4. Ca!h in Bank-Forti ••• Curreecv Sa""",, Account

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D. Denosited With Non-Authoriud A~tnt B.nks
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I. Cash in Bank-Local Currencv Current Account /-- ..

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2. Ca!h in Bank-Local Currencv Sa";n., Account
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3. Cash in Bank-Forti ••• Currencv Current Account

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4. Cash in Bank-Forti ••• Currencv Savin •• Account

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Prepared bv: Reviewed bv

St.te Auditor/Audit Team Leader SUDuvisinll' Auditor