ACKNOWLEDGEMENT

This Manual on the New Government Accounting System (NGAS) for use
by the national government agencies is a product of the initiative and thrust of
the new leadership under COA Chairman Guillermo N. Carague to simplify and
conform the countrys government accounting system to international standards.
As Chairman of the Steering committee created for the purpose, his ViceChairmen, Commissioners Raul C. Flores, Jr. and Emmanuel M. Dalman, and
the following Committee members duly support his efforts:
Assistant Commissioners :

Directors

Assistant Directors

Francisco B. Escarda
Emma M. Espina
Sofronio L. Flores, Jr.
Jorge H. L. Perez
: Flerida V. Creencia
Arcadio B. Cuenco, Jr.
Lourdes B. Dimapilis
Juanito G. Espino, Jr.
Felicitas C. Ona
: Rosemarie L. Lerio
Cornelia L. Ramos

A lot of hard work, untiring efforts and unselfish dedication have been put
into the preparation of the Manual by the Working Group from the Accountancy
Office headed by Director Felicitas C. Ona who gave preferential attention to the
review of the draft manual and supported the Group all the way. The members
of the Working Group are the following:
Team Leader

: Ms. Marietta M. Lorenzo, State Auditor V

(now Director III)
Co-Team Leader : Ms. Cecilia B. Camon, State Auditor V
Members
: Ms. Juanita B. Abe, State Auditor V
Ms. Elena B. Monteza, State Auditor V
Mr. Perlegio S. Paderes, State Auditor V
Ms. Estela dela Paz, State Auditor V
Ms. Corazon A. Saldivar, State Auditor V
Ms. Emelita V. Cayetano, State Auditor IV
Ms. Annabelle A. Puserio, State Auditor IV
Ms. Carmen Z. Zafe, State Auditor IV
Mr. Romeo C. Cruz, State Auditor III
Ms. Wilhelmina A. Maghari, State Auditor III
Ms. Annabella P. Gabiran, State Auditor II
Ms. Arcyl G. Guervarra, State Auditor I
Ms. Cristina C. Gungon, State Auditor I
Administrative Staff: Ms. Rufa L. Gunabe, Process Server

We also acknowledge the assistance extended by other national

government agencies, the Department of Budget and Management, the Bureau
of the Treasury, and COA Officials and State Auditors who gave their
comments/recommendations and in one way or another, contributed to the
completion of this Manual.