BARANGAY FINANCIAL ADMINISTRATIONA Comprehensive Reference Guide

Outline of Topics Part I — The Barangay: Mandate, Composition, and Duties of Officials Part II — Barangay Funds and Revenue Sources Part III — Budget Preparation and Execution Part IV — Collections and Deposits (Chapter IV, Barangay Financial Management Manual) Part V — Disbursements (Chapter V, Barangay Financial Management Manual) Part VI — Books of Accounts, Financial Reports, and Submission Deadlines Part VII — Appropriations and Obligations — The CCA's Role (Chapter III) Part VIII — Inventories, Property, Plant and Equipment (Chapters VI and VII) Part IX — Special Trust Funds: 20% DF, 5% LDRRMF, SK Fund (Chapter XI) Part X — Personnel Expenses, Honoraria, Leave Benefits Part XI — Procurement and Documentary Requirements Part XII — The Philosophy of Governance: People Empowerment Part XIII — Most Common Lapses in Barangay Financial Administration Part XIV — Barangay Turnover: Upcoming BSKE Part XV — COA Circular No. 2019-001: Submission of Barangay Financial Transactions Part XVI — Common Audit Findings Explained in Detail Part XVII — Common Misconceptions About Barangay Financial Management Part XVIII— Detailed Turnover Problems: What Can Go Wrong Part XIX — The Proper Flow of the Honorarium Claim