Accountants Prepare for the Implementation of eNGAS/eBudget

Wednesday, August 24, 2016

Accountants and Budget Officers of the Department of Public Works and Highways Region 10 gathered to prepare for the implementation of the eNGAS / eBudget last August 24, 2016, at the 3rd floor Regional Office Conference Room. Approximately more or less 50 Accounting Officers from different DEOs attended the said training.

The pre- implementation training aimed to improve the data quality in the interim system, to prepare the data for migration and develop the methods for conversion of the data to the new version of the financial management systems.

To sum it up, the implementation of eNGAS / eBudget is not just for the government accounting offices to have a new accounting system but it is to generate real time, reliable, accurate financial info and reports for policy decision making, improve cash management for operational efficiency, harmonize and consolidate data structures, and apply consistent set of budget and accounting rules for reporting.

With the operation of the eNGAS and eBudget, it shall improve management of government’s contingent liabilities and financial exposure, enhance government accounting, auditing systems and standards, strengthen external and participatory audit capacity, professionalize the Public Financial Management (PFM) workforce and build stakeholder’s Congress and Civil Society support for reforms.

The eNGAS and eBudget are dependent on the data in the system and the responsibility of data quality is with each respective Regional Office.