w focussecretary cesar v. purisima (dof) pfm committee chair commissioner juanito g. espino, jr....
Post on 18-Jan-2021
3 Views
Preview:
TRANSCRIPT
PFM NEWSLETTER OCTOBER 2012
A sound public financial management system for effective, efficient and economical delivery of public services.
FAST FACTS
20 Number of IT-based information systems for PFM in oversight and line agencies
95% Percentage of surveyed government financial managers and staff (611 out of the 645) said that the GIFMIS will benefit their agency
55 Executive Order No. 55 was signed on September 6, 2011 directing the integration and automation of government financial management systems
About Philippine Public Financial Management
The Public Financial Management (PFM) Reform Program aims to improve efficiency, accountability and transparency in public fund use in order to ensure the direct, immediate, substantial and economical delivery of public services especially to the poor.
The Program implements the key strategies of the Philippine PFM Reform Roadmap: Towards Improved Accountability and Transparency (2011-2016), a comprehensive reform agenda that seeks to clarify, simplify, improve and harmonize the government’s financial management processes and information systems. The integrated systems will cover all transactions of government and apply uniformly to all government agencies.
Executive Order No. 55 signed by President Benigno S. Aquino on September 6, 2011 authorizes the PFM Committee composed of the Commission on Audit (COA), Department of Budget and Management (DBM), Department of Finance (DOF) and Bureau of Treasury
National Payroll System
EYE ON IT
Current Industry Trends
Suscipit, vicis praesent erat
feugait epulae, validus indoles
duis enim consequat genitus at.
Sed, conventio, aliquip
accumsan adipiscing augue
blandit minim abbas oppeto
commov.
Enim neo velit adsum odio,
multo, in commoveo quibus
premo tamen erat huic. Occuro
uxor dolore, ut at praemitto opto
si sudo, opes feugiat iriure
validus. Sino lenis vulputate,
valetudo ille abbas cogo saluto
quod, esse illum, letatio lorem
conventio. Letalis nibh iustum
transverbero bene, erat vulpu
tate enim esse si sudo erat.
SOFTWARE
Monthly Picks
Volutpat mos at
neque
nulla lobortis
dignissim
conventio, torqueo, acsi roto
modo. Feugait in obruo quae
ingenium tristique elit vel natu
Volutpat mos at neque nulla
obortis dignissim conventio,
torqueo, acsi roto modo. Feugait in
obruo quae ingenium tristique elit
vel natu meus. Molior torqueo
capio velit loquor aptent ut erat
feugiat pneum commodo vel obruo
mara genitus.
Enim neo velit adsum odio, multo, in
commoveo quibus premo tamen erat
huic. Occuro uxor dolore, ut at
praemitto opto si sudo, opes feugiat
iriure validus. Sino lenis vulputate,
valetudo ille abbas cogo saluto quod,
esse illum, letatio conventio.
erat.Loquor, vulputate meus indoles
iaceo, ne secundum, dolus demoveo
interdico proprius. In consequat asos
quae nulla magna. Delenit abdo esse
quia, te huic. Ratis neque ymo, venio
illum pala damnum pneum. Aptent
nulla aliquip camur ut consequat
aptent nisl serpo in voco consequat
ququadrum lorem ipso.
Adipiscing magna jumentum velit
iriure obruo vel vel eros lorem ipsum
dolor. Loquor, vulputate meus indole
iaceo, ne secundum, dolus demoveo
interdico proprius. In consequat os
quae nulla magna.
Aptent nulla aliquip camur ut
consequat aptent nisl in voco
consequat. Adipsdiscing magna
jumentum velit iriure obruo. damnum
pneum. Aptent nulla aliquip camur ut
consequat lorem aptent nisl magna
jumentum velitan en iriure. Loquor,
vulputate meus indoles iaceo, ne
secundum, dolus demoveo
interddfico proprius. In consequat os
quadfse nudflla magna. Aptent nulla
aliquip camur utan sdl as consequat
aptent nisl in vocoloc consequat ispo
facto delore ergo maska forgeuit
masca pala ergo sacrum lamap
allacum dergo ipso aliquip mia sermi
This Month’s Q&A
Q: What is GHRIS and NPS
A: Occuro uxor dolore, ut at praemitto
opto si sudo, opes feugiat iriure validus.
Sino lenis vulputate, valetudo ille abbas
cogo saluto quod, esse illum, letatio
conventio. Letalis nibh iustum
ransverbero bene, erat vulputate enim
proprius. In consequat os quae nulla magna. Delenit
abdo esse quia, te huic. Ratis neque ymo, venio illum
pala damnum. Aptent nulla aliquip camur ut
consequat aptent. Adipiscing magna jumentum
velit iriure obruo vel.Volutpat mos at neque nulla
lobortis dignissim conventio, torqueo, acsi roto
modo. Feugait in obruo quae ingenium tristique
elit vel natu meus. Molior torqueo capio velit loquor
aptent ut erat feugiat pneum commodo vel obruo
mara duis enim consequat genitus. Enim neo velit
focus
PFM in Focus . . . . . . . . . . . . . 2 FAQs . . . . . . . . . . . . . . . . . . . 3 GIFMIS Readiness Survey. . .4
Digitization of Government
Financial Systems Gains Momentum COA, DBM, DOF and Treasury Drives the Philippine Public Finance Reforms
The Philippine Government’s reform drive to digitize and simplify financial systems gained strong momentum with the completion of the key priority areas of the Public Financial Management (PFM) roadmap presented by the PFM Committee during the Tagaytay 5 workshop held on September 12-14.
The PFM Committee is a partnership of oversight agencies,
COA, DBM, DoF and Treasury, authorized under EO 55 to establish a seamless GIFMIS by 2016 and implement the PFM roadmap in the next five years.
Attended by over 60 government executives and financial managers from COA, DOF, DBM, DPWH, DSWD, DOH and DepEd, the workshop reported on accomplishments such as
WHAT’S NEW
To view the video of Juan go to http://youtu.be/0sgoz1_9Z1Y
For more information and program updates you may access the website at pfm.gov.ph.
Continued in page 3
October 2012
iKnow
PFM NEWSLETTER OCTOBER 2012 PAGE 2 OF 4
PFM In focus
The Public Financial Management (PFM) Reform Reform Program aims to improve efficiency, accountability and transparency in public fund use in order to ensure the direct, immediate, substantial and economical delivery of public services especially to the poor.
The Program implements the key strategies of the Philippine PFM Reform Roadmap: Towards Improved Accountability and Transparency (2011-2016), a comprehensive reform agenda that seeks to clarify, simplify, improve and harmonize the government’s financial management processes and information systems. The integrated systems will cover all transactions of government and apply uniformly to all government agencies.
Government Integrated Financial Management Information System (GIFMIS) – Develop a web-based application that will provide real time financial information to government
Improving Treasury Cash Management Operations (ITCMO) – Put in place a system of cash management that can keep daily cash balances of government at appropriate levels
Budget Reporting and Performance Standards (BRPS) – Harmonize and simplify data structures and apply a consistent set of budgeting and accounting rules and regulations for financial performance reporting.
Liability management (LM) - Develop a system for recording and reporting liabilities to better manage NGs financial exposure
Accounting and Auditing Reforms (AAR) - Harmonize accounting and auditing rules with international standards and strengthen participatory audit of programs and projects
Capacity Building (CB) - Support the various policy reform, business process and system improvements through training and learning, communications and advocacy.
Executive Order No. 55 signed by President Benigno S. Aquino on September 6, 2011 authorizes the PFM Committee composed of the Commission on Audit (COA), Department of Budget and Management (DBM), Department of Finance (DOF) and Bureau of Treasury (BTr) to oversee and coordinate the integration and automation of government financial systems, and implementation of the PFM roadmap.
“The PFM Reform Roadmap is a master plan to support the Aquino Administration’s priority development and governance objective,” said PFM Chair Commissioner Juanito Espino, Jr.
KEY PROJECTS:
PFM Governance Structure PFM Principals
Chairperson Ma. Gracia M. Pulido Tan (COA) Secretary Florencio B. Abad (DBM) Secretary Cesar V. Purisima (DOF)
PFM Committee Chair Commissioner Juanito G. Espino, Jr. (COA)
Members: 1. Undersecretary Gil S. Beltran (DOF) 2. Undersecretary Richard E. Moya (DBM) 3. Undersecretary Laura B. Pascua (DBM) 4. Treasurer Roberto B. Tan (BTr) 5. Deputy Treasurer Eduardo S. Mendiola (BTr) 6. Assistant Commissioner Arcadio B. Cuenco, Jr. (COA) 7. Assistant Secretary Ma. Teresa S. Habitan (DOF)
PFM NEWSLETTER OCTOBER 2012 PAGE 3 OF 4
FAQs Q: What is GIFMIS?
A: The Government Integrated Financial Management Information System (GIFMIS) is a web-based application for budget management and accounting that will be implemented by the Philippine Government to improve PFM processes, enhance greater accountability and transparency across National Government Agencies. GIFMIS is designed to make use of ICT to help the government plan and use its financial resources more efficiently and effectively.
Q: Why implement a GIFMIS??
A: The Philippine PFM is beset with poor reporting, planning and implementation due to the fragmentation of oversight agencies that complicate the system of budget reporting, transparency, predictability and control in budget execution, internal audit and payroll.
Q: What is the scope of GIFMIS?
A: GIFMIS will cover the entire financial management cycle:
Budget preparation Fund allocation and release Commitment management Budget execution:
Expenditure management and Revenue Data management
Cash management Electronic payment
management Accounting and reporting Audit management Human resource
management National payroll system
harmonization of the chart of accounts, business process mapping studies for the development of the Government Integrated Financial Management Information System (GIFMIS), treasury single account, and national payroll system. The key reforms will ensure full public disclosure and proper management of public funds by providing real time financial information on government taxes, expenses and debt to all government and the public.
The accomplishments affirm the direction of the reforms. “The PFM Reform Roadmap is a master plan to support the Aquino Administration’s priority development and governance objectives. By improving the government-wide financial systems, efficiency, accountability, and transparency in the use of public funds can be achieved for better service delivery to the people,” said COA Commissioner Juanito G. Espino, Jr., Chair of the PFM Committee, in his workshop opening message.
Budget Secretary Florencio B. Abad highlighted the great strides by far charted in accelerating the reform
"As public servants, we are tasked to establish fiscal management practices that work for the benefit of the ordinary Filipino,” – DBM Secretary Florencio B. Abad, Jr.
and the formidable task that still lies ahead. “Our task now is to ensure that this same momentum will be sustained and guided by the reform roadmap, as well as the critical path to GIFMIS. As public servants, we are tasked to establish fiscal management practices that work for the benefit of the ordinary Filipino,” the Budget Chief said.
COA Chairperson Ma. Gracia Tan lauded the efforts of the agencies and reaffirmed the commitment of COA in thrusting through with all the reforms. “I underscore the depth of commitment of COA to PFM and will continue to give full attention so all things will push through and materialize”, said Chairperson Tan. She anticipates continuous discussions among the principals of the oversight agencies in the coming days.
AusAID’s Minister-Counsellor Octavia Borthwick expressed Australia’s continuous support to the Aquino administration’s agenda on accountability and participation. “I anticipate that the Philippines will have one of the most successful PFM systems in the region,” she said.
Digitization… from page 1
PFM Chair Commissioner Espino presented the highlights and agreements of the Tagaytay 5 planning workshop to the Principals emphasizing the need for resources and continued support to ensure the success of the PFM reforms.
PFM NEWSLETTER OCTOBER 2012 PAGE 4 OF 4
FOR MORE INFORMATION
Public Financial Management - Program Management Office (PFM-PMO)
Telephone No.: 735-1991; 490-1000 loc. 2500
Telefax: 735-4929
Email Address: pmo@pfm.gov.ph
Address: 2/F DBM Boncodin Hall, Gen. Solano St., San Miguel, Manila
Website: pfm.gov.ph
Upcoming Events • Unified Account Code Structure (UACS) Validation Workshop
November 5-6 | 8.30 AM -7.00 PM | Holiday Inn Clark Field, Pampanga November 14 | 9.00 AM – 3.30 PM | DBM, Manila Objective: Test and validate the UACS to ensure that it meets departmental needs for harmonized financial reporting
• PFM Committee Regular Meeting November 22 | 9.30 – 12.30 PM | Commission Proper, Commonwealth, Ave., Quezon City
• PFMP Steering Committee Meeting November 28 • The Greater than Leadership in Financial Management Information Systems (GTL FMIS) Course (Albania, Cambodia, Indonesia, Vietnam, Philippines)
December 9 – 15 | Seoul, Korea
Objective: The program will help country teams involved in ongoing or planned
FMIS reforms manage the complex process of implementing these reforms.
Participating
GIFMIS will improve transparency and
accountability in their agencies
ARE YOU READY FOR GIFMIS? 645 respondents (246 Managers and 381 Finance staff) from national government agencies participated in a change readiness survey. Overall, there was a strong agreement among managers and staff on the survey items.
Senior executives/managers have communicated and integrated changes in the past to the overall vision of
their agency
High need of both the managers and technical groups for proper training to
adapt to the new system
GIFMIS is beneficial to government agencies
High confidence that GIFMIS will improve job efficiency and effectiveness of government managers
and technical staff
Majority feel that senior executives and managers are personally committed to the GIFMIS project. Notably, about 20% of the respondents are undecided responding “Neither Agree or Disagree”
top related