Financial Reports
The administration of the Municipality of Cataingan holds accountability for all information presented in the accompanying Financial Reports, including the Statement of Financial Position, Statement of Financial Performance, Statement of Cash Flows, Statement of Budget and Actual Comparison, Statement of Changes in Net Assets/Equity, and accompanying Notes to Financial Statements for the respective period. These reports adhere to Philippine Public Sector Accounting Standards and accepted state accounting principles, reflecting meticulously assessed amounts based on management’s expertise and judgment.
To uphold integrity and transparency, management upholds a robust accounting and reporting system, ensuring transactions are duly authorized and recorded. Furthermore, stringent internal controls are in place to safeguard assets from unauthorized use or disposition while prudently recognizing liabilities.