COA Revised Chart of Accounts
for National Agencies
Legal Basis:
COA Circular No. 2013-002
Dated January 30, 2013
Effectivity:
January 01, 2014
Objectives:
 To provide new accounts for the adoption of the
Philippine Public Sector Accounting Standards
(harmonized with IPSAS)
 To provide uniform accounts for national
government accounting and budget systems to
facilitate the preparation of harmonized financial
and budgetary accountability reports
 To expand the account code from three (3) digits
in the NGAS Chart of Accounts to eight (8) digits,
to allow expansion or creation of new accounts as
may be necessary to implement new standards or
policies.
The COA Revised Chart of Accounts
is integrated in the Unified Account
Code Structure (UACS) under the
Philippine Public Financial
Management (PFM) Reform Program
jointly undertaken by DBM, DOF and
COA.
Major Changes
a. Coverage is limited only to all
national government agencies
b. Expanded account code structure from three (3) digits to eight (8)
digits
Account Code Structure
Account Groups:
Codes are assigned to account groups to facilitate
location of accounts in the general and subsidiary
ledgers, to provide systematic arrangement and
classification of accounts and facilitate
preparation of the consolidated financial reports
as follows:
Code
1
2
3
4
5
Account Groups
Assets
Liabilities
Equity
Income
Expenses
Asset Without Contra Account
Ex. Cash, Collecting Officer
Asset Without Contra Account
Ex. Accounts Receivable
Major Changes
c. New Accounts were provided for
the implementation of the
Philippine Public Sector
Accounting Standards
New Accounts
Example
1 02 01 010
1 02 02 011
Financial Assets Held for Trading
Allowance for Impairment Investments in Treasury Bills Local
in compliance with IPSAS 28-30
in compliance with IPSAS 29 (Financial Instruments Recognition and Measurement)
1 03 02 020
1 03 02 021
Finance Lease Receivable
Allowance for Impairment Finance Lease Receivables
Investment Property, Buildings
Accumulated Depreciation Investment Property, Buildings
Accumulated Impairment Losses Investment Property, Buildings
in compliance with IPSAS 13 (Leases)
in compliance with IPSAS 13 (Leases)
1 05 01 020
1 05 01 021
1 05 01 022
in compliance with IPSAS 16 (Investment Property)
in compliance with IPSAS 16 (Investment Property)
in compliance with IPSAS 26 (Impairment of Cash
Generating Assets)
Major Changes
d. Some accounts were deleted since
these accounts are for use by local
government units or governmentowned and/or controlled corporations
while other accounts are no longer
applicable to national government
agencies.
Deleted Accounts
Example
Major Changes
e. Some accounts were either
expanded or compressed. For
instance, expense accounts for
repairs and maintenance and
depreciation of property, plant and
equipment which were previously
presented per asset account were
compressed based on the major
account classification.
Compressed Accounts
Example
Repairs and Maintenance
811 Repairs and Maintenance - Office
Buildings
5
02 13 040 Repairs and Maintenance - Buildings
and Other Structures
5
05 01 040 Depreciation - Buildings and Other
812 Repairs and Maintenance - School
buildings
813 Repairs and Maintenance - Hospitals
and Health Centers
814 Repairs and Maintenance - Markets and
Slaughterhouses
815 Repairs and Maintenance - Other
Structures
Depreciation
911 Depreciation - Office Buildings
912 Depreciation - School Buildings
913 Depreciation - Hospitals and Health
Centers
914 Depreciation - Markets and
Slaughterhouses
915 Depreciation - Other Structures
Structures
Expanded Account
Example
716 Subsistence, Laundry and Quarters 5 01 02 050 Subsistence Allowances
Allowances
5 01 02 060 Laundry Allowances
5 01 02 070 Quarters Allowances
•UNIFIED ACCOUNTS CODE STRUCTURE (UACS)
FUNDING SOURCE
6 Digits
Financing
Source
1 digit
Required
Authorization
2 digits
ORGANIZATION
12 digits
Fund
Categor
y
3 digits
LOCATION
9 digits
Department
2 digits
Agency
3 digits
Operating
Unit
7 digits
Region
2 digits
Province
2 digits
City,
Municipality
2 digits
Required
Required
Required
Require
d
Optional
Optional
* Chart of Accounts
Barangay
3 digits
MFO/
PROGRAM,
ACTIVITY
and
PROJECT
9 digits
OBJECT CODE
10 digits
MFO/PAP
Code
9 digits
COA
CoA*
Object
8 digits
Unique for
each
Department/A
gency
Uniform across
Government
Sub-Object
2 digits
The Unified Account Code Structure (UACS)
 Jointly developed by DBM, DOF and COA
 It is a government-wide coding framework
to provide a harmonized budgetary and
accounting code classification that will
facilitate reporting of actual revenues and
collections and expenditures compared with
programmed revenues and expenditures,
starting fiscal year 2014
 The UACS is to be adopted in identifying,
aggregating, budgeting, accounting, auditing
and reporting the financial transactions of the
government.
 Enhance the quality and timeliness of financial
data for the generation of the required reports
and analysis of the same.
 Strengthen financial controls and
accountability.
Key Elements of the UACS
 Funding Source Codes: Six (6) digit code to
reflect the Financing Source, Authorization and
Funding Category
 Organization Codes: Twelve (12) digit code to
reflect the Department, Agency and Sub-Agency
or Operating Unit/Revenue Collecting Unit
 Location Codes: Nine (9) digit code to reflect
the Region/Province/Municipality/Barangay
following the Philippine Standard Geographic
Code prescribed by the National Statistical
Coordination Board
 Major Final Output (MFO)/Program, Activity and
Project (PAP) codes: Nine (9) digit code to
reflect the MFO/PAP codes
 Object codes: Assets, Liabilities, Equity,
Revenues, and Expenses following the COA
Chart of Accounts by object and sub-objects
provided by BTr, BIR, DOF, BOC and DBM