MANDATES AND FUNCTIONS OF OMA

1. Install and maintain an internal audit system in the local government unit concerned;

2. Prepare and submit financial statements to the governor or mayor, as the case may be, and to the sanggunian concerned;

3. Appraise the sanggunian and other local government officials on the financial condition and operations of the local government unit concerned;

4. Certify to the availability of budgetary allotment to which expenditures and obligations may be properly charged;

5. Review supporting documents before preparation of vouchers to determine completeness of requirements;

6. Prepare statements of cash advances, liquidation, salaries, allowances, reimbursements and remittances pertaining to the local government unit;

7. Prepare statements of journal vouchers and liquidation of the same and other adjustments related thereto;

8. Post individual disbursements to the subsidiary ledger and index cards;

9. Maintain individual ledgers for officials and employees of the local government unit pertaining to payrolls and deductions;

10. Record and post in index cards details of purchased furniture, fixtures, and equipment, including disposal thereof, if any;

11. Account for all issued requests for obligations and maintain and keep all records and reports related thereto;

12. Prepare journals and the analysis of obligations and maintain and keep all records and reports related thereto; and

13. Exercise such other powers and perform such other duties and functions as may be provided by law or ordinance.