About Accounting Office
Mandate of the Office
With its Creation, the Accounting Office was mandated to achieve these Objectives:
1. To record, classify, and summarize business transactions and prepare financial statements and interpret the re- sults.
2. To ascertain whether accounting and auditing rules and regulations are being implemented in the disbursement of public funds.
3. To provide management with financial information to serves as a management tool in decision making.
The Accounting Office is composed of three sections–
Payroll Section, Allotment and Control Section and EDP & Bookkeeping Sections. The Sections are assigned tasks to carry out its mandate.
The functions of the Accounting Office are as follows:
- to ensure the compliance of UPLB units with accounting and auditing regulations in the collection and disbursement of public funds;
- to control allotments and expenditures and certify to the availability of funds;
- to prepare all financial reports to the UP System, Department of Budget Management and Commission on Audit;
- to maintain the books of accounts of UPLB in accordance with national accounting and auditing rules and regulations;
- to assist in the preparation of supporting documents for special/supplementary budgets; and
- to prepare all financial reports needed by the UPS management at various levels.