Classification of Govt Corps as GBEs or Non-GBEs

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COA Circular No. 2015-003: Classification of Govt Corps as GBEs or Non-GBEs

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Title Supreme Court: Classification of Govt Corps as GBEs or Non-GBEs

Law: Coa Circular No. 2015-003

Decision Date: Apr 16, 2015

COA Circular No. 2015-003 classifies government corporations and entities as either Government Business Enterprises (GBEs) or Non-GBEs to determine the applicable financial reporting framework, aligning with international standards to enhance accountability and transparency in financial reporting.

financial reporting

government business

enterprises

END