Professional Documents
Culture Documents
Updates On Accounting and Auditing Rules and Regulations: Lourdes M. Castillo
Updates On Accounting and Auditing Rules and Regulations: Lourdes M. Castillo
Lourdes M. Castillo
Assistant Commissioner
Government Accountancy Sector
Commission on Audit
Legal Basis:
COA Circular No. 2013-002
Dated January 30, 2013
Effectivity:
January 01, 2014
Objectives:
To provide new accounts for the adoption of the
Philippine Public Sector Accounting Standards
(harmonized with IPSAS)
Financing Authorization Fund Department Agency Operating Region Province City, Barangay MFO/PAP COA Sub-Object
Source 2 digits Categor 2 digits 3 digits Unit 2 digits 2 digits Municipality 3 digits Code CoA* 2 digits
1 digit y 7 digits 2 digits 9 digits Object
3 digits 8 digits
Required Required Required Required Require Optional Optional Unique for Uniform across
d each Government
Department/A
gency
* Chart of Accounts
The Unified Account Code Structure (UACS)
Coverage:
• Generally, those holding regular and
contractual positions entitled to RATA under
the pertinent general provisions of the annual
GAA
• Others as authorized and enumerated in the
NBC
Authorized Monthly RATA Rates:
• Highest rate is P14, 000.00 for RA and P14,000.00 for TA
• Lowest rate is P5,000.00 for RA and P5,000.00 for TA
• Officials who are assigned or who use government
vehicles are not entitled to TA
• The grant of RATA shall be based on the actual work
performance in a month on a pro-rata basis, exclusive of
leaves of absence with pay as follows:
No. of Workdays Actual RATA for a Month
of Actual Work Performance
1 to 6 workdays 25% of the monthly RATA
7 to 12 workdays 50% of the monthly RATA
13 to 18 workdays 75% of the monthly RATA
19 workdays or more 100% of the monthly RATA
• For the issued government vehicle, but in some
eventful cases were prevented to use it such as
when the vehicle undergoes repair and no
replacement is provided, the grant of TA maybe
allowed on pro-rata bases.
• RATA for OICs of positions entitled to those
allowances maybe allowed but not to OICs of
positions internally created organizational units
whose staffing are not authorized by DBM
• Monthly RATA while on concurrent capacity
• Monthly RATA while on full-time detail or
reassignment
• Monthly RATA while on scholarship/study/training
grant
Fund Sources:
• Charged against the agency budgets/appropriations
for the purpose for NGAs
• For GOCCs and GFIs, charged against the corporate
operating budgets
• The reimbursible RATA for those in detail to other
government agencies shall be charged against the
budgets of the parent agencies