Bill Type
Congress Name
Long Title
AN ACT TO INSTITUTIONALIZ E A FREE PRE-AUDIT SYSTEM IN ALL GOVERNMENT FINANCIAL TRANSACTIONS IN ORDER TO ACCELERATE THE DELIVERY OF PUBLIC SERVICES
Date filed
January 25, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB12879 |
| FULL TITLE : AN ACT TO INSTITUTIONALIZ E A FREE PRE-AUDIT SYSTEM IN ALL GOVERNMENT FINANCIAL TRANSACTIONS IN ORDER TO ACCELERATE THE DELIVERY OF PUBLIC SERVICES |
| ABSTRACT : In order to accelerate the delivery of public services, as well as to improve the operations of the government, all financial transactions of the national government agencies, local government units and government-owne d and/or- controlled corporations shall not be subject to pre-audit examinations. The Commission on Audit or its Auditors shall only conduct post-audit examination of all these financial transactions. |
| PRINCIPAL AUTHOR/S : SARMIENTO, ANGELITO M. |
| DATE FILED : 2001-01-25 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2001-02-05 |
Abstract
In order to accelerate the delivery of public services, as well as to improve the operations of the government, all financial transactions of the national government agencies, local government units and government-owne d and/or- controlled corporations shall not be subject to pre-audit examinations. The Commission on Audit or its Auditors shall only conduct post-audit examination of all these financial transactions.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.