Bill Type
Long Title
AN ACT PROFESSIONALIZI NG THE GOVERNMENT ACCOUNTING SERVICE TO SERVE AS A TOOL FOR EFFECTIVE MANAGEMENT AND CONTROL OF GOVERNMENT RESOURCES, CREATING FOR THE PURPOSE THE GOVERNMENT ACCOUNTANCY OFFICE UNDER THE DEPARTMENT OF BUDGET AND MANAGEMENT ANDFOR OTHER PURPOSES
Congress Author
Date filed
February 4, 2000
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB09182
FULL TITLE : AN ACT PROFESSIONALIZI NG THE GOVERNMENT ACCOUNTING SERVICE TO SERVE AS A TOOL FOR EFFECTIVE MANAGEMENT AND CONTROL OF GOVERNMENT RESOURCES, CREATING FOR THE PURPOSE THE GOVERNMENT ACCOUNTANCY OFFICE UNDER THE DEPARTMENT OF BUDGET AND MANAGEMENT ANDFOR OTHER PURPOSES
ABSTRACT : "Government Accounting Act of 1998". With this proposal, all government transactions shall be properly documented, recorded, classified and interpreted into meaningful data; and communicated on a timely basis to fiscal authorities concerned so thatthe information genrated therefrom can be made useful for economic analysis, policy formulation and decision-making purposes. The responsibility to document and record faithfully said transaction should rest with government accountants.
PRINCIPAL AUTHOR/S : ESCUDERO, FRANCIS JOSEPH G.
DATE FILED : 2000-02-04
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3. 4.
5.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT REORGANIZATION ON 2000-02-14
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

"Government Accounting Act of 1998". With this proposal, all government transactions shall be properly documented, recorded, classified and interpreted into meaningful data; and communicated on a timely basis to fiscal authorities concerned so thatthe information genrated therefrom can be made useful for economic analysis, policy formulation and decision-making purposes. The responsibility to document and record faithfully said transaction should rest with government accountants.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.