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NEXT LET’S MOVE TO COVERAGE.

So, our government accounting manual has the following coverage, it provides basic concepts to be used
in:

 Preparing general purpose financial statements in accordance sa ating PPSAS and other financial
reports, na nirerequired ng ating laws, rules and regulations and also, we have

 Yung mga basic concepts na gagamitin natin in Reporting of budget, revenue and expenditure
syempre in accordance den sa ating laws, rules and regulations.

NEXT IS THE OBJECTIVES:

So, the GAM aims to update the following, so bakit binago eh before we have the new government
accounting system is because gusto nila is iupdate yung:

 Standards, policies, guidelines and procedures in accounting for government funds and
property;

 Coding structure and accounts;

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