Accounting Financial Management Strategies Policy Support

1. Formulate a policy as to time frame for the submission of lacking documents for accommodated Disbursement Vouchers and enforce sanctions to responsible person for non-compliance. Processes and Procedures . Formulate a policy and strictly follo! for the time frame agreed for the submission of paid Disbursement Vouchers and "eports of Daily #ollections and Deposits and enforce sanctions to responsible person for non-compliance. Processes and Procedures $. Formulate guidelines on cash ad%ance granted to national employees appro%ed by the &#'. (uality )utputs

#apacity *uilding 1. &F# should take initiati%e to conduct financial literacy programs among Department +eads so that financial information can be e,tensi%ely used in Systems -mpro%ements planning and decision making. Processes and Procedures
. "e.uest +"M) to conduct trainings needed in the office and re.uest &F# to pro%ide *udget for the training. -ntegrity De%elopment Program

Systems -mpro%ements
1. #onduct re%ie! of e,isting agreements/ policies and procedures and enforce the implementation. #reate policies that pro%ide sanctions to responsible person for noncompliance. Processes and Procedures . Make a letter of appeal to the banks to facilitate the timely release of bank statements to the &01. Processes and Procedures $. -nitiate the significance of Analysis of Financial Statements in the decision making to the &F#. Processes and Procedures 2. &#F should inform the &#' that posting the financial reports in three conspicuous places is a legal mandate. 3ransparency 4. Aspire for un.ualified opinion on the Financial Statements !ithout e,ceptions. (uality )utputs 5. #ontinue enforcing the policy on the li.uidation of #ash Ad%ance. "e.uest authority from #ommission on Audit to !rite-off 1nli.uidated #ash Ad%ance of retired and deceased employees. Send constant demand letters to employees !ho ha%e 1nli.uidated #ash Ad%ance. #oordinate !ith the &egal )ffice for options to settle 1nli.uidated #ash Ad%ance. (uality )utputs

Physical -nfrastructure 1. "e.uest for a budget for additional computer hard!are. ',pedite the ac.uisition of
generator. Processes and Procedures

&inkages
1. -mpro%e the good practice by constant coordination !ith the &egislati%e *ody. &egislati%e Support . 1pgrade Payroll Systems to be integrated !ith e60AS. -nstall e3"A#3S at P3) and integrate it !ith e60AS. Processes and Procedures $. Make a letter of appeal to the banks to facilitate the timely release of bank statements to the &01. Processes and Procedures