POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

College of Political Science and Public Administration

Syllabus in – Public Fiscal Administration

I. The PUP’s Mission, Vision, and Philosophy

Vision

PUP: The National Polytechnic University

Mission

Ensuring inclusive and equitable quality education and promoting lifelong learning
opportunities through a re-engineered polytechnic university by committing to:

• provide democratized access to educational opportunities for the holistic

development of individuals with global perspective
• offer industry-oriented curricula that produce highly-skilled professionals with
managerial and technical capabilities and a strong sense of public service for nation
building
• embed a culture of research and innovation
• continuously develop faculty and employees with the highest level of
professionalism
• engage public and private institutions and other stakeholders for the attainment of
social development goal
• establish a strong presence and impact in the international academic community

The PUP Philosophy

As a state university, the Polytechnic University of the Philippines believes that:

• Education is an instrument for the development of the citizenry and for the
enhancement of nation building; and
• That meaningful growth and transformation of the country are best achieved in an
atmosphere of brotherhood, peace, freedom, justice, and nationalist-oriented
education imbued with the spirit of humanist internationalism.

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II. Course / Subject Title: PBA 3-1_Public Fiscal Administration

III. Course Description:

Public Fiscal Administration is also known as Public Financial Management. It is the

study of a governmental, non-profit, or any government organization's financial management
planning, practices, and condition that affect the organization. Almost all organizations, be
they public or private, require money to operate. Money pays for staff, supplies, events, and
facilities. Understanding how spending money will help the organizations in supporting to its
success, regardless of our role in the organization.

In this class, financial management is being considered from the role of the public
manager. As managers, we have the critical role of implementing the policies decided by
executives, legislatures, and sometimes the courts. These policy decisions usually come with
funding attached, but sometimes they do not. Further, we have the role of `supporting future
decision-making based on our analysis of how previous decisions fared. Frequently, this
analysis will involve a large financial component.

IV. Prerequisite: None

V. Course Objectives:

At the end of this course, a student should have a strong understanding of public fiscal
administration / financial management, the policies encompassing the sourcing, provisioning,
using, and accounting of public funds, and be prepared to work directly with accountants,
auditors, and other financial professionals in public or third sector organization. Specifically,
a student should be able to:
1. Understand public fiscal administration and its various facets and areas relative
to governance and leadership;
2. Familiar with the Philippine Financial Systems, the Finance Service Industry,
the players and actors, and their roles in the economy;
3. Have knowledge on taxation its systems and latest system encompassing
public fiscal policies;
4. Implement a financial management plan for an organization or agency;
5. Create a set of financial controls for accountability;
6. Link the financial management structure to the strategic plan, both tax and
non-taxes sources;
7. Identify and deepen understanding government various sources of funding;
8. Predict long term revenue and expense requirements;
9. Understand government budgeting and accounting;

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 10. Familiarity on government transparency and accountability to the
presentation and understanding of the basic financial reports on program
activities for government and other stakeholders as well; and
11. Submission of final output which may consist of assessment of various case
studies & case lets and assessment of one’s agency’s financial operations.

VI. Course Requirements:

1. Attendance
2. Recitation/Class Participation
3. Submission of Required Written Reports
a. Individual Report
b. Case Analyses / Case lets
c. Group Report
d. Reaction/Term Paper
4. Major Examinations (Mid-term and Final)

VII. Topic Coverage

A. Pubic Fiscal Administration and Financial Management in the Gov’t.

1. Understanding the Philippine Financial Landscape
i. Philippine Financial System, and
ii. Structure of the Philippine Finance Industry
2. Public Fiscal Administration
3. Overview of the Public Fiscal Policy and Monetary Policy
4. Public Fiscal Policy versus Monetary Policy
B. Revenue Collection and Tax Administration in the Philippines
1. Taxation in the Philippines
a. History of Taxation. How it is done?
b. What are the types of taxes and bases for taxation?
2. Tax Collecting Agencies
a. Bureau of Internal Revenue
b. Bureau of Customs
i. Import
ii. Export
c. Local Government Units
d. Other Government Agencies (Local & National)
3. The TRAIN Law
4. Mandanas Ruling – LGU Taxes Imposition / Remittance to the NG
5. Issues and Challenges in Taxation
C. Understanding the Programs and Projects of the Philippine Government
1. The United Nations (UN) Sustainable Development Goals (SDGs)
2. The Pilipinas 2040 / Ang Bisyon 2040
3. President’s Ten Point Agenda
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D. Budgeting in the Philippines
1. What is budgeting and various types of budgeting?
2. Budgeting in the National Government
3. Budgeting in the Local Government

E. Funding the National and Local Government

1. Through Taxation
2. Import and Exports
3. Through Operations of Business Organizations
a. Sole Proprietorship
b. Partnership
c. Corporations
d. Cooperatives
e. SMEs
4. Through Investments
a. Through Direct Foreign Investments
b. Through Capital Equity Investment
5. Borrowings
a. What is Borrowing and its Key Features
b. Foreign Borrowings
c. Public / Local Borrowings
6. OFWs Remittances
7. Financial and Foreign Aids (Non-Government Organizations (NGOs) and
International Organizations)
8. Operations of Government Owned and Controlled Corporations (GOCCs)
9. Privatization and Selling of Government Assets
10. Selling of Government Securities
11. Exploration of Natural Resources
12. Public-Private Partnership
13. Income Generating Projects (IGPs)
14. Sovereign Wealth Fund / Creation of Maharlika Fund Corporation
15. Other Non-Tax Sources
16. Crowd Funding and Other Donations

F. Assessment on the Implementation and Evaluation of Government Programs

and Projects (Focus on Financial Matters)
1. Programs and Projects on Infrastructure
2. Programs and Projects on Education
3. Programs and Projects on Universal Health Care Program / Health
4. Programs and Projects on Housing
5. Programs and Projects on Social Services
6. Programs and Projects for Philippine National Police
7. Programs and Projects for Armed Forces of the Philippines

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 a. Airforce
b. Navy
c. Marine
d. Army
8. Programs and Projects of the Department of Agriculture
9. Programs and Projects of the Department of Science and Technology
10. Other Government Agencies

G. Accounting and Auditing in the Government

H. Understanding and Analysis of Financial Statement (FS) and Agency’s Financial

Position and Operation

VIII. Reporting Structure, Format and Requirements

Please refer to the attachments (including the title page template and report
evaluation form).

IX. Grading System

Students will be graded according to the course requirements such as:
Areas / Requirements Percentage (%)
1. Attendance 15%
2. Recitation/Class Participation 20%
3. Submission of Required Written Reports 30%
(Case Analyses and Case lets)
4. Major Examinations (Mid-term and Pre- 35%
Final)
Total 100%

Midterm Grade + Initial Final Grade / Pre-final

Final Grade = ----------------------------------------------------
2

X. References and Other Readings

A. Books
Edgar I Furniss (2005). Money Credit and Public Policy. New York: Houghton
Mifflin Company, 2005, p.157
Guadalupe, Teresita J. (2013), Public Administration, Management and
Governance (First Edition), Educational Publishing House (Ermita, Manila), Giuani
Prints House (Malabon), Philippines, ISBN # 978-971-513-314-2

Hayler, Rowland et. al. (2007), Six Sigma for Financial Services, McGraw-Hill
Publishing, NY, ISBN-13:978-0-07-147037-7
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Laman, Rosemarie B. et. al., (2008), Financial System, Market and
Management, The Basics, GIC Enterprises & Co., Inc.,Manila Philippines, ISBN
971-0489-33-6
Leveriza, Jose P. (2005), Public Administration, The Business of Government
(Second Edition), National Book Store, Mandaluyong City, Philippines, ISBN 971-08-
4694-9
Miller, Roger LeRoy, et. al. (2010), Economic Education for Consumers, Fourth Edition,
South-Western Cengage-Learning, Mason, OH 45040, USA, Canada Nelson Education,
Ltd., ISBN 13: 978-1-439-04682-1

Newman, William H. and Leagan, James P. (2009), Business Policies and

Management. Cincinati: South-Western Publishing Company, 2009), p.79.

Rodriguez, Rafael A. and Echanis Erlinda S., (1997), Fundamentals of Management,

Text and Philippine Cases, Diwata Publishing, Inc. Mandaluyong, Metro Manila, ISBN
971-8940-03-0

Tendero, Avelino P. (2000), Theory and Practice of Public Administration in the

Philippines, Fiscal Administration Foundation, Inc., Mandaluyong City, ISBN 971-
898900-5

Zaide, Sonia M. (1996), Political Science, Second Edition, All Nations Publishing Co.,
Inc., Lexicon Press, ISBN 971-642-031-5

b. Unpublished Theses / Dissertations

Carletti, E., Cerasi, V. & Daltung, S. (2006), “Multiple-Bank Lending: Diversification and
Free-riding in Monitoring, Working Paper, Department of Statistics: Universita degli
Studi di Milano-Bicocca,.

Mendaña, Liberty R., DPA (2013), An Assessment of the Rehabilitation Program in

Sablayan Prison and Penal Farm for an Eff
ective Correctional Administration, Polytechnic University of the Philippines

Sta. Maria, Isagani O. (2005), Local Government Unit Centers and Non-
Governmental Organizations Partnership in Providing Health Services to Depressed
Districts of Manila: A Service Delivery Model, PUP Graduate School, December 2005

Vicencio, Laurence M., DPA (2014), The Impact of the Bangko Sentral ng Pilipinas
Economic and Financial Learning Program on the Financial Behavior Patterns of the
Program Beneficiaries: Implications on Program Administration, PUP Graduate School,
April 2014
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C. Journals

Fortin, Mario and Jacques Préfontaine (2009), “Credit: Some Macroeconomic, Market
and Consumer Implications”, OECD Journal: General Papers, Vol. 2008/3
Lumpkin, Stephen (2010), Consumer Protection and Financial Innovation: A Few
Basic Propositions, & OECD Journal: Financial Market Trends, Volume 2010–Issue,
OECD 2010

D. Other Publications
Bangko Sentral ng Pilipinas (2003): “Circular no 398”, Series of 2003, 21 August,
www.bsp.gov.ph/regulations/regulations.asp?type=1&id=251.
(2005): Manual of regulations for banks, December:

www.bsp.gov.ph//regulations/reg_MORB.asp.
(2007): Handbook on consumer laws covering BSP-supervised financial
institutions, vol 1, pp 3–6,

www.bsp.gov.ph/downloads/regulationsd/consumerlaws.pdf.

Briceno, B. and Gaarder, M. (2010) Institutionalisation of government evaluation:

Balancing trade-offs

Gertler, Martinez, Premand, Rawlings and Vermeersch (2011), Impact Evaluation in

Practice, Washington, DC:The World Bank

Leeuw, F. and Vaessen, J. (2009) Impact Evaluations and Development: NONIE

Guidance on Impact Evaluation, World Bank, Washington, D.C.

Madrid, Pamela (2010),Philippines: Financial System Stability Assessment Update,

IMF Country Report No. 10/90

Savedoff, W., Levine, R. and Birdsall, N. (2006), ‘When will we ever learn: Improving
lives through impact evaluation’, Report of the Evaluation Gap Working Group, May,
Center for Global Development, Washington, D.C.

UNICEF (2004), UNICEF Evaluation Report Standards, Evaluation Office, UNICEF

NYHQ, New York

White, H. (2006) Impact Evaluation: The Experience of the Independent Evaluation

Group of the World Bank, World Bank, Washington, D.C., p. 3

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Webliography
Polytechnic University of the Philippines (pup.edu.ph)

Prepared by:

LAURENCE M. VICENCIO, LPT, MPA, DPA, PD-TQM

Associate Professorial Lecturer V

Reviewed by:

DR. ELMER MICU SORIANO

Dean, College of Political Science and Public Administration
Polytechnic University of the Philippines

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