Question & AnswerQ&A (CDA MEMORANDUM CIRCULAR NO. 2007-11)
The guidelines apply to all types and categories of cooperatives nationwide that were issued a Cooperative Identification Number (CIN).
The CAPR aims to provide relevant and updated information to determine the status of operations and performance of the cooperative sector, simplify administrative/reportorial requirements of cooperatives, establish a reliable cooperative performance information system, and give cooperatives specific information on how they perform compared to those in the same category.
They must submit their duly accomplished CAPR to the concerned Extension Office of the Cooperative Development Authority.
They must submit their CAPR to the Extension Office where the principal office of such cooperative is located.
Section 1 of the CAPR should be submitted within 60 days after the end of the cooperative's fiscal year.
Sections II and III should be submitted within 90 days after the end of the fiscal year.
Yes, a cooperative may submit both sections simultaneously provided it does not exceed the prescribed deadline periods.
An employee of the cooperative, preferably the accountant, should be designated and authorized to accomplish the CAPR.
The Chairman of the Board or the Manager must certify the CAPR as true and correct before submission to the CDA.
The CDS assigned in the area is responsible for checking the report to ensure completeness and accuracy.
They shall submit their CAPR to the Central Office, Registration Division of the Cooperative Development Authority.
Information from the CAPR is encoded into the Cooperative Information System (CIS) designed for this purpose.
The guidelines took effect starting from the calendar period of 2008.