Guidelines on the New Set-Up in Financial Reporting under the Commission on Audit's Team Audit Approach Scheme
OCA Circular No. 44-00, issued on August 10, 2000, outlines new financial reporting guidelines for various Philippine courts under the Commission on Audit (COA) Team Audit Approach Scheme. This scheme places the audit responsibility for lower courts directly under COA audit teams, replacing the previous oversight by the Supreme Court's COA Office. Clerks of Courts are now required to deliver monthly financial reports and relevant documents directly to the assigned audit teams for verification. If the reports are deemed complete, they will be signed by a team member, while certain attachments will remain with the audit team instead of being sent to the Chief Accountant at the Supreme Court. Compliance with these new procedures is mandated.
Law Information
- Reference Number
- OCA Circular No. 44-00
- Date Enacted
- Category
- Supreme Court Issuances
- Subcategory
- Office of the Court Administrator Circulars
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 10, 2000
OCA CIRCULAR NO. 44-00
| TO | : | All Clerks of Courts of the Regional Trial Courts, Shari'a District Courts, Metropolitan Trial Courts, Municipal Trial Courts in Cities, Municipal Trial Courts, Municipal Circuit Trial Courts and Shari'a Circuit Courts |
| SUBJECT | : | Guidelines on the New Set-Up in Financial Reporting under the Commission on Audit's Team Audit Approach Scheme |
The Commission on Audit (COA) is now implementing the Team Audit Approach Scheme. Under said scheme, the Lower Courts all over the country will now be under the audit jurisdiction of the COA audit teams. A team assigned to audit a particular Court shall assume the audit responsibility previously vested in the COA Office in the Supreme Court (SC).
Monthly Reports of Collections and Deposits/Remittances/Withdrawals/Disbursements, prior to their submission to the Chief Accountant, SC (OCA), shall now be personally delivered by the Clerk of Court to an audit team for verification as to the correctness of the Reports. If, upon cursory review, the Reports, together with the attachments [official receipts, deposit slips, postal money orders (PMOs), court orders, disbursement vouchers, withdrawal slips, acknowledgement receipts, etc.] are found to be complete and in order, the same shall be signed by a member of the team. ESTAIH
Only the Reports and PMOs will be sent by the Clerk of Court to the Chief Accountant. Other attachments shall be left in the custody of the audit team.
For immediate compliance.
(SGD.) ALFREDO L. BENIPAYOCourt AdministratorOffice of the Court Administrator
Cite This Law
Guidelines on the New Set-Up in Financial Reporting under the Commission on Audit's Team Audit Approach Scheme, OCA Circular No. 44-00, Aug 10, 2000 (Philippines)
Guidelines on the New Set-Up in Financial Reporting under the Commission on Audit's Team Audit Approach Scheme, OCA Circular No. 44-00 (Phil. 2000)
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