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Philippine Association of Local Government Accountants, Inc. Office of the City Accountant, Dakotas City, Metro Manila SEC Registration No. CN200415172 09242004TIN : 234152836000 Certificates OF CANDIDACYNAME:.
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Thereto FAQ
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Difference between government accounting and commercial accounting : 1. Meaning : The accounting system maintained by the government offices is known as government accounting. But, the accounting system maintained by business organizations is known as commercial accounting.
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Government accounting is the recording and management of financial activities of governments at Commonwealth, state and local levels. Government accountants prepare and review financial documentation for the government and its taxpayers.
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Phalga is a genus of moths of the family Euteliidae. The genus was erected by Moore in 1881.
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Local Government accounting has a balance sheet showing assets (fixed assets and current assets), debt (long and short term) and equity. Under equity, funding for specific purposes and funding that is reserved for investment purposes shall be entered as separate items.
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The Association of Government Accountants (AGA) is a professional organization for government financial management professionals. Its activities include work in government financial management across sectors and worldwide, working to increase government financial performance and accountability.
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At the state and local levels, government accountants manage the use of local revenues, investigate frauds, perform financial performance and compliance audits, and recommend corrective action where needed.
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Local Government accounting has a balance sheet showing assets (fixed assets and current assets), debt (long and short term) and equity. Under equity, funding for specific purposes and funding that is reserved for investment purposes shall be entered as separate items.
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State and local government accountants manage local revenues, conduct local white-collar crime investigations, and perform compliance and financial audits of state and local government entities. They must comply with the laws and regulations specific to their state and city.
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