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The 黑料网 recently gained recognition towards improving and harmonizing its financial management processes through proper utilization, disbursement and obligation rates.<\/p>\n
Early this year, PCAF landed fifth out of 40 Department of Agriculture\u2019s (DA) bureaus, attached agencies and regional offices for \u201cconsistently maximizing the use of available cash balances every end of the month\u201d from January to December last year.<\/p>\n
PCAF\u2019s Accounting Section received the award on January 28, 2020 during the Fiscal Year 2019 Year-end Financial Evaluation and Assessment Workshop in Iloilo City.<\/p>\n
The workshop ensures all DA bureaus, agencies and offices involved in financial transactions and committed to good governance are properly guided and updated with relevant fiscal policies and issues, particularly in budgeting, accounting and auditing rules and regulations.<\/p>\n
Aside from the award, PCAF Resident Auditor, Edwina C. Dollente also issued an audit observation memorandum \u201crecognizing the efforts of the management for the adequate management of its fiscal responsibilities and accomplishment of programmed and planned activities scheduled for 2018, thus resulting in high utilization of the allocated fund and physical delivery rate\u201d.<\/p>\n
\u201cDespite these achievements, the PCAF\u2019s financial management process is still a work in progress and there are still number of improvements that need to be done, and challenges remain,\u201d said PCAF Chief Accountant Maria Divina Gonzales.<\/p>\n