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The New Government Accounting System Manual presents the basic policies and procedures to be adopted by all local government units effective January 1, 2002. Loans, interests, bonds issued, and other contributions for specific purposes; Development projects funded from the Share in the internal revenue collections; and other special accounts. This Manual is prescribed by the Commission on Audit pursuant to Article IX-D, Section 2 par. (2) of the 1987 Constitution of the Republic of the philippines.
The New Government Accounting System Manual presents the basic policies and procedures to be adopted by all local government units effective January 1, 2002. Loans, interests, bonds issued, …