GOVPH

Functions

The Accounting Department is a subunit of the Local Government that provides an information system which measures, processes and communicates financial information about an identifiable geographic entity. This information allows users to make reasonable choices among alternative uses of scarce resources in the conduct of providing services and other economic activities. The modern view of accounting department is to regard it as a service activity; it is a link between activities and decision-makers. The accounting department also provides accounting services and financial support to the Caloocan City Hall. The department records account payable and receivable, inventory, payroll,fixed assets and all other financial elements. The department’s accountants review the records of each department to determine the local government’s financial position and any changes required to run the government cost- effectively.