Professional Documents
Culture Documents
~epublit
of tbt labiliplJiuts
COMMISSION ON AUDIT
<fommoniuealtb 2ltJrnuc,
CIRCULAR
TO
SUBJECT:
1.0
Rationale
1.1
1.2
1.3
1.4
the.~iling
2.0
Definition of Terms
2.1
2.2
2.3
2.4
2.5
corporati~hich
a.)
b.)
c.)
2.6
d.)
e.)
2.7
2.8
2.9
b.)
c.)
Are not in the process of filing their financial statements for the
purpose of issuin~ pn y;:fass of instruments in a public market;
1
d.)
e.)
3.0
Philippine Public Sector Account ing Standards 1, Present ation of Financial Stat ements, Paragraph 12, Page 84
4.0
3.2
3.3
34
3.5
3.6
Saving Clause
Cases not covered in this Circular shall be referred to the GAS, for resolution.
5.0
Repealing Clause
All issuances inconsistent herewith are deemed repealed or amended
accordingly.
6.0
Transitory Provision
Pending the updating of the Revised Chart of Accounts prescribed by COA to
include specific requirements of GBEs and Non-GBEs, the following shall be
observed:
7.0
a.)
b.)
c.)
Accounts that have not been converted due to issues not settled as of
conversion date shall be converted by the Government Corporations to
the most appropriate account in the RCA until a supplemental circular
or clarification is issued on this matter.
Effectivity
This Circular shall take effect fifteen (15) days after publication in a
newspaper of general circulation .
~ ..
...
Commissioner
Officer-in-Charge
JOS~
Commissioner
AnnexA
List of GOCCs and GFis Identified as Government Business Entreprises (GBEs)
Acronym
Agency
1
2
3
4
5
6
7
8
BSP
PI CCI
DBP
AIIBP
DCI
DLC
DBPMC
LBP
UBI
LLC
MSI
LBRDC
PCFC
NLDC
PDIC
PPSBI
GSIS
GFB
AFP-RSBS
SUMSI
sss
HDMF/Pag-IBIG Fund
NHMFC
SHFC
PDGCC
HGC
SBC
TIDCORP
PNOC
PNOC-AFC
PNOC-DMC
PNOC-EC
PNOC-MPC
PNOC-RC
PNOC-STC
APU
PPA
BCDA
BMHI
NLRC
BTPI
CDC
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
CIAC
JHMC
PPMC
CAAP
PEZA
CEZA
NLPCSI
PRA
PEATC
NDC
MGC
IIGSI
PRC
KRC
BLCI
GYRE I
FCIEI
NPIC
PNCC
ASDI
CFC
DCBGSI
TFC
TCPC
MIAA
PADC
FTI
NIACI
PHILSUCOR
HSDC
PADCC
ZREC
NABCOR
PFDA
NRDC
PFC
PMDC
PCIC
PCSO
PAGCOR
PRA
PITC
PPI
DFPC
IBC 13
NFC
AFAB
SBMA
PR
*
**
Abolished, windinq up
Under liquidation
MCIAA
CPA
ZCSEZA
PIA
MRHI
BFI
PDCI
WDs
Annex B
List of GOCCs and GFis Identified as Non-Government Business Entreprises (NonGBEs)
Agency
Acronym
CB-BOL
CIC
LCDFI
MCA-P
OSHC
ECC
NHA
PNR
LRTA
NPC
PSALM
NTC
LWUA
MWSS
NEA
PPC
LLDA
TIEZA
CFI
NFA
NIA
PCA
SRA
NDA
NTA
QUEDANCOR
LCP
NKTI
PCMC
PHC
VFP
BSoP
OWWA
TPB
NPF
PHIC
PIDS
TRC
PITAHC
PCED
CITC
PTNI
CCP
CITEM
DAP
APE CO
SCADC
PDA
PRRI/PhiiRice
SPDA.