Updates on Accounting and Auditing Rules and Regulations

1
GOVERNMENT ASSOCIATION OF CPAs (GACPA) SUSTAINING
ETHICS AND EXCELLENCE IN MANAGING GOVERNMENT
RESOURCES SEMINAR/WORKSHOP
Updates on Accounting and Auditing Rules and
Regulations
Lourdes M. Castillo Assistant Commissioner Governm
ent Accountancy Sector Commission on Audit
Delivered during the GACPA Seminar at Prince
Plaza Hotel, Baguio City February 6-8, 2013
2
COA Circular No. 2012-001
dated June 14, 2012
Prescribing the Revised Documentary Requirements
for Common Government Transactions
3
COA Circular No. 2012-004,
dated November 28, 2012
Demand for the Immediate Liquidation and
Settlement of All Cash Advances Outstanding as of
December 31, 2011
4
COA Circular No. 2013-002,
dated January 30, 2013
Adoption of the Revised Chart of Accounts for
National Government Agencies
5
COA Resolution No. 2013-007,
dated January 29, 2013
Adoption of the Philippine Public Sector
Standards of Auditing
6
Permanent Committee (COA-DBM-DOF) Joint Circular
No. 4-2012, dated Sept. 11, 2012
Rules and Regulations Implementing Executive
Order No. 431 dated August 30, 2005, Directing
the Reversion of All Dormant Accounts,
Unnecessary Special Trust Funds to the General
Fund and For Other Purposes
7
National Budget Circular No. 546, dated January
17, 2013
Rules and Regulations on the Grant of
Representation and Transportation Allowances