BUDGET ACCOUNTABILITY Flashcards
1st step in Budget Accountability
Performance Targets
2nd step in Budget Accountability
Citizen Engagement
3rd step in Budget Accountability
Monitoring and Evaluation
4th step in Budget Accountability
Agencies Accountability Reports
5th step in Budget Accountability
Performance Review
6th step in Budget Accountability
In-Year Report
7th step in Budget Accountability
DBCC Mid-Year Report
8th step in Budget Accountability
DBCC Year-End Report
9th step in Budget Accountability
Audit Report
SAAODB stands for?
Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by object of expenditures.
SABUDB stands for?
Summary of Approved Budget, Utilizations, Disbursements and Balances by object of expenditures.
AGDBs stands for?
Aging of Due and Demandable Obligations
What is FTDUs?
Full-time Delivery Units
shows the disbursements of the entity during the month, classified according to the type of disbursement authority. This report is submitted to the COA and DBM within 30 days after the end of each month.
Monthly Report of Disbursement
shows the agency’s authorized appropriations, allotments received, obligations incurred, disbursements made and the balances of unreleased appropriations, unobligated allotments, and unpaid obligations.
Statement of Appropriations, Allotments, Obligations, Disbursements and Balances
similar to SAAODB above but provides details of expenditures (e.g., salaries and wages, traveling expenses, etc.)
Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expenditures
shows the allotments received by the agency from the DBM and the sub-allotments issued by the agency’s Central Office of Regional Office to lower operating units.
List of Allotment and Sub-Allotments
prepared by agencies that have authority to use their revenue. It shows the budgeted revenue, the utilizations and disbursements thereof, and the unutilized amounts.
Statement of Approved Budget, Utilizations, Disbursements and Balances.
shows the names of creditors, the amounts owed to them, and the number of days these obligations are outstanding. This report is submitted to COA and DBM within 30 days after the end of the year.
Aging of Due and Demandable Obligations
publishes a comprehensive report on macroeconomic developments, the fiscal situation of the national government, and the performance of key programs and projects
DBCC- Development Budget Coordination Committee
reviews the accounts of each agency to ascertain if public funds are used properly, according to the law and standards, and with value-for-money.
COA- Commission on Audit
