Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements

National Government Agencies (NGAs) in the Philippines are machinery that is responsible for the oversight and administration of specific functions. Support services, including accounting and other administrative services, are essential to enable these agencies to perform their mandates. Considering...

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Main Author: Angeles, Princess Minesa
Format: text
Language:English
Published: Animo Repository 2023
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Online Access:https://animorepository.dlsu.edu.ph/etdm_manorg/193
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Institution: De La Salle University
Language: English
id oai:animorepository.dlsu.edu.ph:etdm_manorg-1207
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spelling oai:animorepository.dlsu.edu.ph:etdm_manorg-12072023-11-30T04:53:25Z Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements Angeles, Princess Minesa National Government Agencies (NGAs) in the Philippines are machinery that is responsible for the oversight and administration of specific functions. Support services, including accounting and other administrative services, are essential to enable these agencies to perform their mandates. Considering that NGAs are funded by tax collections from various sources, they are accountable for their proper utilization and public reporting. Through the annual publication of financial statements, citizens can get a picture of its operations and assess how funds are being managed. In addition, the accompanying audit opinion certifies if it is correct and reliable. This action research intended to strengthen the integrity and credibility of the Philippine Statistics Authority (PSA) in terms of excellent financial reporting procedures. We would also like to address recurring issues that bring about unfavorable financial audit results and improve our existing processes. Different action research tools such as first, second, and third-person practices were utilized to ensure fruitful involvement of concerned colleagues. Established financial reporting practices of governments of other countries were also looked into and determined its applicability in the Philippine context. Moreover, Lewin’s Change Model, in conjunction with the Force Field Analysis, allowed decrease in resistance and sustain change. Above all, we instilled the spirit of collaboration across PSA offices to guarantee that we collectively tackle setbacks and keep team spirit. Keywords: Action Research, Financial Statements, Financial Reporting, Audit Opinion, Review of FS, Reliability, Uniformity, Accuracy 2023-08-31T07:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/etdm_manorg/193 Management and Organization Master's Theses English Animo Repository Financial statements Accounting
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Financial statements
Accounting
spellingShingle Financial statements
Accounting
Angeles, Princess Minesa
Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
description National Government Agencies (NGAs) in the Philippines are machinery that is responsible for the oversight and administration of specific functions. Support services, including accounting and other administrative services, are essential to enable these agencies to perform their mandates. Considering that NGAs are funded by tax collections from various sources, they are accountable for their proper utilization and public reporting. Through the annual publication of financial statements, citizens can get a picture of its operations and assess how funds are being managed. In addition, the accompanying audit opinion certifies if it is correct and reliable. This action research intended to strengthen the integrity and credibility of the Philippine Statistics Authority (PSA) in terms of excellent financial reporting procedures. We would also like to address recurring issues that bring about unfavorable financial audit results and improve our existing processes. Different action research tools such as first, second, and third-person practices were utilized to ensure fruitful involvement of concerned colleagues. Established financial reporting practices of governments of other countries were also looked into and determined its applicability in the Philippine context. Moreover, Lewin’s Change Model, in conjunction with the Force Field Analysis, allowed decrease in resistance and sustain change. Above all, we instilled the spirit of collaboration across PSA offices to guarantee that we collectively tackle setbacks and keep team spirit. Keywords: Action Research, Financial Statements, Financial Reporting, Audit Opinion, Review of FS, Reliability, Uniformity, Accuracy
format text
author Angeles, Princess Minesa
author_facet Angeles, Princess Minesa
author_sort Angeles, Princess Minesa
title Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
title_short Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
title_full Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
title_fullStr Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
title_full_unstemmed Refining interconnected financial reporting practices and procedures of the central and field Philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
title_sort refining interconnected financial reporting practices and procedures of the central and field philippine accounting offices to enhance accuracy, reliability, and uniformity of consolidated financial statements
publisher Animo Repository
publishDate 2023
url https://animorepository.dlsu.edu.ph/etdm_manorg/193
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