‘Annex A ‘THE REVISED CHART OF ACCOUNTS For National Government Agencies. ‘A. CODING SCHEME 1, Codes are assigned to account groups to facilitate location of accounts in the general and sub: lary ledgers, to provide systematic arrangement and Classification of accounts and facilitate preparation of the consolidated financial reports as follows: ‘od waavel Account Groups Assets abilities Equity income Expenses 2. The account code structure consists of eight (8) mandatory digits as follows: 2a 2.2 23 9 “0000 0’ Account Group oa Major Account Group | | ai Account Group represents the accounts classification as to assets, liabilities, equity, income and expenses. ‘Sub-Major Account Group General Ledger Accounts General Ledger Contra-Accounts Major account group represents classification within the account Broup, e.g. for assets major accounts: cash and cash equivalents, investments, receivables, inventories, investment property, etc. Sub-major account group represents classification within the major account, e.g. for cash and cash equivalents: Cash on Hand, Cash in Bank-Local Currency, Cash in Bank-Foreign Currency, ete. oo2.4 General ledger (GL) accounts represent the accounts to be presented in the detailed financial statements, e.g. Cash-Collecting Officer, Petty Cash, etc, This is composed of two (2) segments. The first two digits from left is the GL code and the last digit is reserved for contra accounts like, Allowance for Impairment, Accumulated Depreciation. 2.5 Coding of assets with and without contra accounts shall be as follows: Asset without Contra Account 20101 ov’ Asset | Cash and Cash Equivalents Cash on Hand Cash Collecting Officer General Ledger Contra-Accounts Asset with contra account 1’ 1 Ot Asset capeea Receivables Loans and Receivable Accounts Accounts Receivable Allowance for Impairment - Accounts Receivable ae. LIST OF THE REVISED CHART OF ACCOUNTS. For National Government Agencies (Covering SAS | — IPSAS 2, 28, 298 30 1PSAS 2,28, 298 30 IPSAS 2, 4,28, 29, 230 IPSAS 2, 28, 208 30 IPSAS 28,298 30 IPSAS 28, 29 8 30, IPSAS 28, 29 8 30, Ipsasoa7 Assets o a ot ot ot or ot ot ot o 0 ot o ot o ot ot ot ot ot a oa a a a o a a o o a a a 02 02 02 02 02 0 02 2 ‘ACCOUNT THLES and CODES “ASSETS ‘Cash and Cash Equivalents o o o 02 02 02 02 2 ro 3 cy 3 3 4 on on 04 04 o4 04 08, 05 Cash on Hand 010 Cash Collecting Officer 020. Petty Cash Cash In Bank - Local Currency 10 Cash in Bank - Local Curency, Bangko Sentral Ng Plpinas 1020 Cash in Bank - Local Cureney, Current Account (030 Cash in Bank - Local Curency, Savings Account (040 Cash in Bank - Local Currey, Time Dapasts Cash in Bank - Foreign Currency (010 Cash in Bank Foreign Curtency, Bangka Sentral No Pilipinas (020 Cash in Bank - Foreign Curreney, Current Aecount (030 Cash in Bank - Foreign Currency, Savings Account (040 Gash in Bank - Foreign Currency, Time Deposits ‘Treasury/Agency Cash Accounts 10 Cash - TreasuryiAgency Depost, Regular 020. Cash -TreasuryiAgency Depost, Speci 030 Cash TreasuryiAgency Depast, Trust 040 Cash Modifad Disbursement System (MDS), Regular 50 Cash - Modified Disbursement System (MOS), Special Account 080 Cash - Mediied Disbursement System (MDS), Trust Cash Equivalents 010 Treasury Bis ‘Account Investments ot ot ot ot a a a a a2 02 02 02 2 2 0 03 o a 04 of 04 Financial Assets at Fair Value Through Surplus or Deficit (010 Financial Asseis Held for Trading (020 Financial Assets Designated at Fair Value Through Surplus or Deficit 020 _Detivative Financial Assets Held for Trading (040 Derivative Financial Assets Designated at Fair Value Through Surplus or Dei Financial Assets - Held to Maturity 010 Investments In Treasury Bilis - Local 011 Allowance for Impairment - Investments in Treasury Bills - Local (020 Invasiments in Treasury Bs - Foreign 021 Allowance for impairment - Investments in Treasury Bille - Foreign 030 Invesiments in Treasury Bonds-Local (031 Allowance for impairment - Investments in Treasury Bonds - Local (040 investments in Treasury Bonds - Foreign (041 Aiowance for mpaiment - Investments in Treasury Bonds - Foreign Financial Assets - Othere (010 lavesimenis in Stocks (020 Investments m Bonds 990 Other Investments Investments in Goces 010 Investments in GOCCs ‘11 Allowance for impairment - Investments in GOCCs